$1,399,000
( $186.53Per Sq Foot )
 $7,510 est/mo Sourced by Back At You

1470 Paris Avenue,Lincoln Park, MI 48146

Lincoln Park, MI 48146

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Description

EXCEPTIONAL INVESTMENT OPPORTUNITY IN THE HEART OF LINCOLN PARK!THIS FULLY RENOVATED MULTI-FAMILY PROPERTY FEATURES 12 UNITS, EACH OFFERING 1 BEDROOM, 1 BATHROOM, FULL KITCHEN, AND SPACIOUS LIVING AREA. THE BUILDING HAS BEEN COMPLETELY UPDATED, PROVIDING A TURNKEY OPPORTUNITY FOR INVESTORS SEEKING STABLE CASH FLOW WITH MINIMAL MAINTENANCE. EACH UNIT IS SEPARATELY METERED FOR UTILITIES (TENANTS PAY THEIR OWN ELECTRIC & GAS), WITH OWNER RESPONSIBLE FOR WATER ONLY, MAXIMIZING NET OPERATING INCOME.LOCATED IN A HIGH-DEMAND RENTAL AREA, THIS PROPERTY OFFERS STRONG TENANT APPEAL AND CONSISTENT OCCUPANCY POTENTIAL. PERFECT FOR BOTH NEW AND SEASONED INVESTORS LOOKING TO ADD A LOW-MAINTENANCE, INCOME-PRODUCING ASSET TO THEIR PORTFOLIO.

Details

MLS #20261029984
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1991
Days On Site162
Listing Provided ByCentury 21 Curran & Oberski | Ali T Charara

Features

SQ Feet7,500
ZoningMulti-Family
Acreage0.59
Water FrontYes

Interior

Cooling Yes / NoYes
CoolingCentral Air
Heating Yes / NoYes
HeatingForced Air, Natural Gas

Exterior

Construction MaterialsBrick
Foundation DetailsSlab

Parking

Garage Yes / NoNo
Attached Garage Yes / NoNo

Taxes

Tax Annual Amount14397

Area Information

StateMI
CountyWayne
CityLincoln Park
Zip Code48146
AreaLincoln Park
Community NameMUNICIPAL PARK SUB 1
School DistrictLincolnPark
High SchoolLincolnPark
Listing VS Median (in MUNICIPAL PARK SUB 1)
Price:
$1,399,000
low | high
Med:
$700,150
99.953538241601% of Average
sqft:
7,500
low | high
Med:
4,658
87.893333333333% of Average
$ / sqft:
$187
low | high
Med:
$94
99.808114984586% of Average
On site:
162
low | high
Med:
113.5
100% of Average
Sourced by Back At You

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Learn More About This Property

Jessica Juel

Jessica Juel

Arterra

418220RENE, Real Estate Negotiation Expert (248) 878-1961jessica@jessicajuel.com
StateMI
CountyWayne
CityLincoln Park
Zip Code48146
AreaLincoln Park
Community NameMUNICIPAL PARK SUB 1
School DistrictLincolnPark
High SchoolLincolnPark
Listing VS Median (in MUNICIPAL PARK SUB 1)
Price:
$1,399,000
low | high
Med:
$700,150
99.953538241601% of Average
sqft:
7,500
low | high
Med:
4,658
87.893333333333% of Average
$ / sqft:
$187
low | high
Med:
$94
99.808114984586% of Average
On site:
162
low | high
Med:
113.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.49M - $1.748M
sqft: 5,500 - 9,000
Nearby Listings Property ImageNearby Listings Details
1470 Paris Avenue Property Photo 1
$1,399,000
1470 Paris Avenue
Lincoln Park, MI 48146
Listing Updated: September 28, 2026 at 6:45:07 PM PDT

Jessica Juel - Arterra Realty