1380 College Avenue

Lincoln Park, Michigan 48146

  • 3 Bed(s)
  • 2 Bath(s)
  • 1,173 Sqft
  • 0.08
    Acre(Lot)
$110,000

Description

Great investment or owner-occupant opportunity in the desirable downriver area! this vacant 2-unit home (now a 2-bed, 1-bath upper unit and a 1-bed, 1-bath lower unit) offers immediate rental income potential. the upper unit has been recently updated with fresh paint and new carpet, while the lower unit is ready for a turnover. the property includes a detached garage, currently used as a shared community space, and comes with a stove and fridge for added convenience. recent capital improvements include siding repairs on the right side, though the left side still needs attention. the upstairs bathroom floor also requires repair. the home operates on a single water heater for both units. whether you're looking to house hack or expand your rental portfolio, this property presents long-term value in a high-demand rental market.

fha/va financing may be considered; however, some properties may require fha/va repairs that the seller may not be able to complete. an optimal fha/va offer would likely include the buyer covering up to a certain amount of repairs, with any remaining repairs to be addressed separately. possible package deal available—seller may consider package discounts for a total of four buildings: 531 bryant st, kalamazoo, mi 49001, 130 s 8th st, lansing, mi 48912, 140 summit st, pontiac, mi 48342

don’t miss out—schedule your showing today!

  • Property Type

    Multifamily

  • Subdivision

    Municipal Park Sub

  • County

    Wayne

  • Style

    Colonial,Upper/Lower Apartment

  • AD ID

    48923817

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Property Details

  • Bathroom Information

    • Total Baths: 2
    • Full Baths: 2

    Room Information

    • Porches: Porch

    Interior Features

    • Laundry Facility
    • Roof : Asphalt
    • Basement Description: Unfinished

    Heating & Cooling

    • Heating: Forced Air
    • Heating Fuel: Natural Gas

    Water Heater

    • Natural Gas

  • Building Information

    • Year Built: 1924
    • Building Stories: 2 Story
    • Total Units: 2
    • Roof: Asphalt
    • Foundation/Basement: Basement
    • Architecture: Colonial,Upper/Lower Apartment

    Exterior Features

    • Lighting
    • Construction: Aluminum

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary)

    Water

    • Public (Municipal)
    • Water Heat: Natural Gas

  • Lot Information

    • Lot Size: 0.08
    • Dimensions: 32.80 x 105.00

    Property Information

    • SQ ft: 1173
    • Subdivision: MUNICIPAL PARK SUB
    • Financing: Cash,Conventional,FHA,VA

  • Listing Price Information

    • Original List Price: $120,000

    Listing Information

    • Possession: At Close
    • Legal Description: CA114 LOT 114 MUNICIPAL PARK SUB PC 524 L41 P71 WCR

  • Tax Information

    • Annual Tax: $4,001
    • Parcel Number: 45003090114000

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: CA114 LOT 114 MUNICIPAL PARK SUB PC 524 L41 P71 WCR

  • Parking Information

    • Parking: 2
    • Has Garage: Yes

    Multi-Unit Information

    • Road Frontage: Paved

    Unit 1 Information

    • # of Bedrooms: 1

    Unit 2 Information

    • # of Bedrooms: 1

  • Utility Information

    • Water:Public (Municipal)
    • Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 04/09/2025 @ 18:29

  • MLS: 624033518
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 3 bedrooms which is for sale, it has 1,173 sqft, 0 sized lot, and Garage parking. are nearby neighborhoods.