1505 Ford Boulevard Lincoln Park, MI 48146
- Added:
- Feb 22, 2024
- Days on Market:
- 769
- Last Refresh:
- Apr 1 at 12:06 pm
Property Features for 1505 Ford Boulevard
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Rooms
- Bathroom 4, Bedroom 1, Bathroom 1, Bathroom 3, Bedroom 8, Bedroom 6, Bedroom 3, Bedroom 7, Bathroom 2, Bedroom 4, Laundry Room, Bedroom 5, Bedroom 2
- Parking
- 9
- Standard status
- Pending
- APN
- 45-021-01-0046-002
- Lot size
- 0.30 Acres
Taxes and HOA fees
- TaxYear
- 2023
- TaxDescription
- NK46B 47 QC96B E 19 FT OF LOT 46 ALSO LOT 47 AND N 1/2 ADJ VAC ALLEY OF MINERAL SPRINGS SUBN L41 P9 ALSO THAT PART OF LOT 96 AND N 1/2 ADJ VAC ALLEY ALSO W 1/2 ADJ VAC ST COMBINED LYING N OF CENTER LINE OF SEXTON KILFOIL DRAIN 100 FT WIDE IN ST JOHNS BLVD SUBN L43 P31 MINERAL SPRINGS SUB PC 179 L41 P9 WCR
- TaxAnnualAmount
- 5765
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Wall Unit(s)
Building Details
- Year built
- 1969
- Number of units
- 4
- Building materials
- Brick
Listing agent Benjamin Cockrum License #6501402850 (734) 787-6887
Listing office Preferred, Realtors Ltd 44644 Ann Arbor Rd Ste A, Plymouth, MI (734) 459-6000
Listing date Feb 22, 2024
MLS# 24008731
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Turnkey Lincoln Park Fourplex
This is a fully occupied, turnkey four-unit complex suitable for investors. Each unit features two bedrooms and one bathroom. The property has undergone several updates, including new furnaces, a paved driveway, new siding, gutters, downspouts, outside lighting, a new 6-foot fence in the back, and updated windows throughout. Unit 2 includes an updated kitchen. The lease for Unit 2 expires in July 2024, and the lease for Unit 1 expires in October 2024. Units 3 and 4 are currently rented on a month-to-month basis. The tenant in Unit 4 has been in place since 2018, and the tenant in Unit 3 has been there since 2021. The owners have prepaid for fertilization services for 2024 and are responsible for the water bill. Each unit is equipped with separate gas and electric hookups. Current rents are below the market value, with the average rent for a two-bedroom unit in Lincoln Park being $1050 per month. The property is located in Lincoln Park, Michigan, in Wayne County, and sits on a 0.3-acre lot.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Lincoln Park
- County
- Wayne
- State
- Michigan
- Longitude
- -83.18432
- Latitude
- 42.225873
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Fully occupied four-unit complex with recent updates and strong investment potential.
Where is this quadplex located?
The property is located at 1505 Ford Boulevard Lincoln Park, MI.
What is the asking price?
The asking price for this property is $424,900.
What are key features of this property?
This property features: Turnkey, fully occupied 4‑unit complex, providing immediate rental income.; Significant updates including furnaces, paved driveway, new siding, gutters, downspouts, outside lighting, new 6ft fence, and updated windows throughout.; Opportunity to increase rental income as current rents are below the Lincoln Park average of $1050/mo for a 2‑bedroom unit.
