MARK

MARK

LINCOLN PARK, Michigan

| 2300 sq.ft. | Multifamily

Sold $55,000

MULTIPLE OFFERS. HIGHEST AND BEST DUE BY 05/21/15 1PM*VERY IMPRESSIVE@$55K. SIMILAR UNITS 65-80K. NEEDS MINOR REPAIR. SUPER JEM. 2 LRG 2 BED UNITS W/COV PORCH OR BALCONY. FAUX FIREPLACES, PARTIAL REMOD BATHS & KITCHENS, HARDWD FLRS. COVED CEILINGS & ATTRACTIVE ARCHWAYS, SPACIOUS CLOSETS. 3RD FLOOR HAS A SMALLER 1 BEDROOM. ALL 3 UNITS HAVE STORAGE CLOSETS, SEPARATE FURNACES & THERMOSTATS, 3 HWT, 3 ELEC PANELS. NEWER ROOF, WINDOWS, ENTRY DOORS, REBUILT PORCH, BALCONY, MAINT FREE EXT TRIM, COLUMNS, GUTTERS,SHARED DRIVE W/PLENTY STREET PARKING. HOOK UPS FOR TENANT LAUNDRY OR FUTURE COIN LAUNDRY. 2 BED UNITS APPROX $700 EACH, ONE 1 BED UNIT APPROX $500 MO. ON MO TO MO LEASE. ADDING COIN LAUNDRY WOULD GENERATE 50-60 MO, APPROX COST TO ADD IS $600. FOLLOWING IS PROJECTED BASED ON AVERAGE COSTS FOR INFO ONLY: INSURANCE ESTIMATED @ $2000 PER YR, TAXES ESTIMATE @ $2900 PER YR. , 15% GENERAL MAINT FUND & VACANCY COSTS. BUYER TO VERIFY ALL INFO, AGENT NOT LIABLE.

Essential Information

MLS#52031231100 | Neighborhood: Lincolnshire Sub 1-Lincoln Park | School District: Lincoln Park | County: Wayne

Property Features

Cooling: Ceiling Fan | Heating: Forced Air | Exterior Features: Fenced,Outside Lighting | Sewer: Sewer-Sanitary | Directions: DIX TOLEDO, E ON CHAMPAIGN, S ON LAFAYETTE, E ON MARK. ON S SIDE

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