$54,999
Pending
14 Days Online
0 Beds2 Baths1,454 SQFT
Pending

1513 MARION Avenue Lincoln Park, MI 481462

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Calling all landlords, investors, and sweat equity do it yourselfers! This multi family unit has a total of five bedrooms, two bathrooms, and a basement. The lower unit has 2 beds, 1 bath, and the upper has 3 beds, 1 bath, and its own kitchen and dining room. The upper unit also has its own private entrance through the backyard. Each unit has its own gas meter. Projected monthly cash flow for upper unit is between $1, 300-$1, 400. Projected monthly cash flow for the lower unit is between $1, 100-$1, 200. It needs some love, but it has HUGE POTENTIAL. Situated on a very quiet street just a few blocks away from the heart of downtown Lincoln Park, this fixer-upper has huge cash flow and equity potential, so don't miss out on this rare opportunity! Property to be sold as is and buyer to assume all municipal exterior repairs. (See listing ticket for city repair list) BATVAI!

  • Property TypeMulti-Family
  • NeighborhoodLincoln Park
  • CountyWayne
  • Taxes$1,624
  • HOA/Condo/Coop Fees$0
  • Days on Site13 Days
  • MLS StatusPending
  • MLS ID Number60306535
  • Home Size Source N/A
  • Year Built1928
  • Lot Size0.09 Acres
  • Full Baths2
  • Partial BathsN/A

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Schools

School District
Lincoln Park Public Schools
Elementary School
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Monthly Payment (Est.)

$293
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