Three-Unit Residential Income
For Sale
$264,800
1432 Charter Street, Lincoln Park, MI 48146
Three residential units with separate utility meters, all currently leased with long-term tenants in place.
Property SizeContact for details
Days on Market118
Property Features for 1432 Charter Street
General Information
Standard status
Active
Property subtype
Multi Family
Occupancy
100%
Additional Details
Multifamily Units
3
Building Details
Tenancy
Multi
Listing Agency:
Century 21 Curran & Oberski
(313) 274-7200
Listed By:
Bill M Darwich · License #6501368264
(313) 203-8214
Source:
Jimdehaan
Added: Jul 4
Changed: Oct 26
Last Checked: Oct 28 at 8:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Curran & Oberski
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Investment Insights
Based on property information with market context.
This three-unit multifamily residential income property includes bedroom, living room, dining area, and bathroom in each unit. Each unit has its own separate utility meters, with water included in the rental price. The property is currently described as fully leased with long-term tenants in place, and new tours should be coordinated to avoid disturbing tenants.
The asset is located at 1432 Charter St in Lincoln Park, MI. The provided walk, bike, and transit scores indicate somewhat walkable and somewhat bikeable conditions, with more limited transit.
All figures and data are approximate as provided.
The asset is located at 1432 Charter St in Lincoln Park, MI. The provided walk, bike, and transit scores indicate somewhat walkable and somewhat bikeable conditions, with more limited transit.
All figures and data are approximate as provided.
Key Highlights
- 3‑unit multifamily building built in 1957
- 100% leased out with long‑term tenants in place (do not disturb tenants)
- Each unit includes a bedroom, living room, dining area, and bathroom
Property Analytics
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Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
437
Businesses Nearby
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Business Placement
Demographics for 48146, MI
40,245
Population
15,874
Households
2.5
Avg Household Size
37
Median Age
11%
College-Educated
81%
High-School Grad
5.8 sq mi
ZIP Area
6,939
Density / Sq Mi
$57,183
Median Household Income
$36,886
Median Earnings
$972
Median Rent
$117,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Triplex - Three residential units with separate utility meters, all currently leased with long-term tenants in place.
Where is this triplex located?
The property is located at 1432 Charter Street Lincoln Park, MI.
What is the asking price?
The asking price for this property is $264,800.
What are key features of this property?
This property features: 3‑unit multifamily building built in 1957; 100% leased out with long‑term tenants in place (do not disturb tenants); Each unit includes a bedroom, living room, dining area, and bathroom
