About 1470 Paris Avenue
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.
Features of 1470 Paris Avenue
| MLS® # | 20261029984 |
|---|---|
| Price | $1,399,000 |
| Bathrooms | 0.00 |
| Square Footage | 7,500 |
| Acres | 0.59 |
| Year Built | 1991 |
| Type | Commercial |
| Status | Active |
Community Information
| Address | 1470 Paris Avenue |
|---|---|
| Area | 05143 - Lincoln Park |
| Subdivision | MUNICIPAL PARK SUB 1 |
| City | Lincoln Park city |
| County | Wayne |
| State | Michigan |
| Zip Code | 48146 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Heating | Forced Air, Natural Gas |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
Exterior
| Construction | Brick |
|---|---|
| Foundation | Slab |
School Information
| District | Lincoln Park |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Century 21 Curran & Oberski |
|---|---|
| Contact Info | chararaali@gmail.com |