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 in 1929 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

Lot Size

0.24

Year Built

1929

Town/City

Lincoln Park

County/Region

Wayne

MLS | Web ID

20240001663

Features

Interior

Heating Fuel Natural Gas

Total Units 10

Street Suffix Avenue

General

Sewer Public Sewer (Sewer-Sanitary)

Heating Baseboard

Possession Subject To Tenant Rights

Zoning Commercial Multi-Family Residential

Year Built 1929

Property Type Commercial

Subdivision Name MAIN FORT ST SUB NO 1

Transaction Type Sale

Status Active

Short Sale No

Construction Materials Brick

Cumulative Days on Market 104

MLS Area Lincoln Park

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

City Lincoln Park

Terms Offered Cash Conventional

School District Lincoln Park

Land Contract 0

Ownership Status Corporate/Relocation Short Sale - No

Street Name GARFIELD

Assessment 0.00

Total Sq Ft 9280

DOM 104

Taxes 12804.0000

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

Exterior

Waterfront 0

Lot Size Area 0.24

Water Source Public (Municipal)

Foundation Basement

Lot Size Dimensions 70 x 108

Roof Material Asphalt

Architecture Level 2 Story

Internal Only

Originating MLS Realcomp II Ltd

* Excluded Features

List By

Bill M Darwich

Listing Agent

Century 21 Curran & Oberski

Broker

(313) 203-8214

Phone

Affordability Calculator

$7,352

Per Month

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

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Yearly Property Taxes

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.

848922 Elementary School

848282 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 and was built in 1929. 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.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/29/2024.

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1205 Garfield Avenue

Commercial Property for sale in Lincoln Park, MI

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