1205 GARFIELD Avenue Lincoln Park, MI ^$ 899,800

1205 GARFIELD Avenue

^$ 899,800

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1205 GARFIELD Avenue

Lincoln Park, MI, 48146

^$ 899,800

Studio Baths0.0 Sq 9,280

Monthly Estimate*

^$ 6,285

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Studio

Commercial Property for sale in Lincoln Park, MI

for $899,800. This 9,280 square foot building was built on a lot size of 0.24.

10 unit income property located in the popular downtown district of Lincoln Park, one bedroom one bath units, 100% occupied, some units have been newly renovated, ample parking available, cash flow positive with room to make more, great curb appeal, close to Lincoln Park Library, Police Station, Lincoln Park High School, restaurants, shopping & schools, do not disturb tenants, great investment opportunity, all data apx.

Commercial Active

Price

^$ 899,800

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 12,804

Style

Commercial/Industrial

Lot Size

0.24

Town/City

Lincoln Park

County/Region

Wayne

MLS | Web ID

60281578

Features

General

Heating Baseboard

Possession Subject To Tenant Rights

Roof Asphalt

Exterior Features Security Lighting

Water Public Water

Status Active Active

Year Built 19

Subdivision MAIN FORT ST SUB NO 1 MI

Water Heater Gas

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Corporation

Municipality Lincoln Park

Zoning Multi-Family Commercial Residential

Area Lincoln Park (82143)

Primary City Lincoln Park

Directions Property Is Located On The Corner Of Garfield Ave & McKinley St Just Off Of Fort St.

City Lincoln Park

Street Name GARFIELD

Financial Terms Cash Conventional

Legal Description FJ64 65 FH193 LOTS 64 AND 65 ALSO ADJ VAC ALLEY 12FT WIDE OF MAIN FORT ST SUB NO 1 L61 P24 ALSO LOT 193 AND THE N 1/2 OF ADJ VAC ALLEY OF LINCOLN PK SUB NO 1 L30 P18 MAIN FORT ST. SUB NO. 1 PC 43 84

DOM 105

Postal Code 48146

Price Per Sq Ft 96.96

Coming Soon 10 unit income property located in the popular downtown district of Lincoln Park one bedroom one bath units 100% occupied some units have been newly renovated ample parking available

Exterior

Exterior Brick

Frontage 70

Lot Size Area 0.24

Lot Dimensions 70 x 108

Roads Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Bill Darwich

Listing Agent

Century 21 Curran & Oberski

Broker

billdarwich1@gmail.com

Affordability Calculator

$7,352

Per Month

Monthly Principal & Interest: $6,285
Monthly Property Taxes: $1,067
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Lincoln Park, MI

Average List Price ^$181,060

Percent of Sale Price 80%

About Lincoln Park, MI

37,623 Population

-6% Since 2002

^$41,099 Median Income

38.7 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/9/2024	$899,800		Listed Price

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1205 GARFIELD Avenue, Lincoln Park, MI, 48146 is a Commercial Property for sale at $899,800 with 9,280 sqft and a lot size of 0.24. 1205 GARFIELD Avenue is a studio with 0.0 baths. The property's zip code is 48146 which is in Lincoln Park, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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1205 GARFIELD Avenue

Commercial Property for sale in Lincoln Park, MI

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