$150,000
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2 Baths
1,872 SqFt
SOLD DATE : 10/07/2025
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Sold
Purchase Type For Sale
Square Footage 1,872 sqft
Price per Sqft $72
Subdivision Elmwood Park Sub
MLS Listing ID 20251019346
Sold Date 10/07/25
Style Duplex
Full Baths 2
Year Built 1924
Property Sub-Type MultiFamily
Property Description
Investor Special: Fully Tenanted Duplex in Lincoln Park!
Welcome to a turn-key duplex opportunity located in the heart of Lincoln Park. This solid two-unit property offers consistent cash flow with stable tenants already in place, a valid rental certification through 2026, and minimal overhead for new ownership. Whether you're expanding your portfolio or looking for a reliable income-producing asset, this property checks all the right boxes.
-Both Units Occupied – $900/mo (long-term lower tenant) + $850/mo (new lease upper tenant)
-Rental Certified through April 2026
-2-Unit Property – Each unit offers 2 bedrooms, 1 full bath
-Window Unit AC's, Separate Meters, and Updated Vinyl Exterior
-Strong Rental History – $1,750/mo total gross income
-Convenient location near Fort Street and Southfield Rd with easy access to shopping, public transit, and more
Location
State MI
County Wayne
Area Area05143Lincolnpark
Rooms
Basement Unfinished
Interior
Heating ForcedAir, NaturalGas
Cooling SeparateMeters, WindowUnits
Exterior
Pool None
View Y/N No
Garage false
Building
Foundation Basement, Poured
Sewer PublicSewer, SewerAtStreet
Water Public, WateratStreet
Schools
School District Lincolnpark
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
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Bought with XPI Realty
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