1432 Charter Street Lincoln Park, MI $ 269,800
1432 Charter Street
$ 269,800
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1432 Charter Street

Lincoln Park, MI, 48146
$ 269,800
Bedrooms3 Baths3.0 Sq 1,632

Monthly Estimate*

$ 1,704

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Multi-Family Home for sale in Lincoln Park, MI

for $269,800 with 3 bedrooms and 3 full baths. This 1,632 square foot home was built in 1957 on a lot size of 0.18.

3 unit multifamily building, great investment opportunity, 100% leased out with long term tenants in place, each unit features bedroom, living room, dining area & bathroom, each unit has separate utility meters, except water which is included in rental price, room for rental increases, do not disturb tenants, all data apx.

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Multi-Family Active

Price

$ 269,800

Bedrooms

3

Full Bath

3

Property Type

Multi-Family

Taxes

$ 4,673

Style

Ranch

Lot Size

0.18

Year Built

1957

Town/City

Lincoln Park

County/Region

Wayne

MLS | Web ID

20261049286

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling WindowUnits
Utilities AboveGroundUtilities
Possession SubjectToTenantRights
Roof Asphalt
Garage Spaces 0.0
Architectural Style Ranch
Pool Features None
Construction Materials Brick
Pets Allowed Call
Year Built 1957
Electric CircuitBreakers
Levels One
Property Subtype MultiFamily
Community Features Sidewalks
County Wayne
Net Operating Income 18192.0
Operating Expense 15408.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name MUNICIPAL PARK SUB
Garage Y/N N
Rent Includes Sewer SnowRemoval TrashCollection Water YardMaintenance
Full Baths 3
Status Active
Directions Property is on the corner of Charter & Gorman
City LincolnParkCity_Wayne
Disclosures ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District LincolnPark
Zoning Description MultiFamily
Number Of Units Total 3
MLS Area Area05143LincolnPark
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 3
Land Lease Y/N N
Tax Annual Amount 4673.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 65358
Expected Active Date 2026-06-29
Legal Description CA1 CA2 LOTS 1 AND 2 ALSO ADJ VAC ALLEY MUNICIPAL PARK SUB PC 524 L41 P71 WCR
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Exterior
Parking Features OnStreet
Water Source Public
Foundation Details Slab
Spa N
Lot Dimensions 65 X 121
Lot Size Acres 0.18
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1632.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 3
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Internal Only
Street Number 1 1432
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* Excluded Features
List By
Bill M Darwich

Listing Agent

Century 21 Curran & Oberski

Broker

(313) 203-8214

Phone

Affordability Calculator

$2,093
Per Month
81%
19%
0%
Monthly Principal & Interest
$1,704
Monthly Property Taxes
$389
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4909450 Elementary School
4909391 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/29/2026$269,800 Listed Price

Map


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1432 Charter Street, Lincoln Park, MI, 48146 is a Multi-Family Home for sale at $269,800 with 1,632 sqft and a lot size of 0.18. 1432 Charter Street has 3 bedrooms, 3.0 baths, and was built in 1957. The property's zip code is 48146 which is in Lincoln Park, MI