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585 Southfield Road, Lincoln Park city, Michigan

$364,900

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3,600

Square feet

0.05

Acres

About 585 Southfield Road

mixed-use investment opportunity in the heart of Lincoln Park is generating $49200 annual income! This well-maintained building features three residential rental units plus a storefront currently leased to a tobacco shop, providing immediate income from day one. The two upper units have been recently renovated and offer modern updates including new windows, updated kitchens and bathrooms, and split AC units. The property features a balcony adding convenience and appeal for tenants or short-term guests. Two of the units offer two bedrooms, one full bathroom, a spacious living room, dining room, and kitchen. The third unit includes one bedroom, one full bathroom, living room, dining room, and kitchen — ideal for a variety of rental options. With strong rental demand and flexible layout, the upper units have excellent potential to generate high income as short-term rentals such as Airbnb. Located in Lincoln Park, an area currently booming with new investors and redevelopment activity, this property presents a rare opportunity for both steady cash flow and long-term appreciation. Perfect for investors looking to expand their portfolio with a turnkey, income-producing property. BATVAI

Features of 585 Southfield Road

MLS® # 20261012561
Price $364,900
Bathrooms 0.00
Square Footage 3,600
Acres 0.05
Year Built 1926
Type Commercial
Status Active

Community Information

Address 585 Southfield Road
Area 05143 - Lincoln Park
Subdivision SUBURBAN PARK SUB
City Lincoln Park city
County Wayne
State Michigan
Zip Code 48146

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Construction Brick
Foundation Basement, Poured

School Information

District Lincoln Park

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeEpique Realty
Contact Infoma4237@gmail.com

Listing Map

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