4186 Drouillard Street, Lincoln Park, MI 48146
4186 Drouillard Street, Lincoln Park, MI 48146
4186 Drouillard Street, Lincoln Park, MI 48146
4186 Drouillard Street, Lincoln Park, MI 48146
4186 Drouillard Street, Lincoln Park, MI 48146
4186 Drouillard Street, Lincoln Park, MI 48146
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Kory Lambarth

Kory Lambarth

+1(313) 283-2781
$ 275,000
Est. payment | /mo

6 Baths

4,356 Sqft Lot

Save
$ 275,000
Est. payment | /mo
Save

6 Baths

4,356 Sqft Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Municipality Lincoln Park City

Subdivision Lincoln Park City

MLS Listing ID 20261050386

Year Built 1958

Annual Tax Amount $3,092

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 40X108

Source Realcomp

Property Description

Great opportunity in the Lincoln Park neighborhood! 5 of the 6 units are currently rented and they are working on filling the 6th, 2 units newly renovated. Both buildings 4178 and 4186 Drouillard are separate tax IDs and can be purchased together or separately. The roof, furnaces, and water heaters have all been recently inspected and are in great shape! Properties with similar finishes and layouts have sold quickly in the and market rents are $850-1000 per month for prospective investors. Cap rate is around 8-9% currently and expected income once the final unit is filled will be roughly $5200/month. Walkthrough video available from agent. FHA, VA, Conventional, Hard Money, cash or all welcome for offers. No access without accepted offers.

Location

State MI

County Wayne

Zoning Multi-Family

Direction Southfield S/E to Fort, South to Goddard, to Drouillard

Rooms

Basement Slab

Interior

Heating Forced Air

Exterior

View Y/N No

Building

Water Public

Structure Type Brick

Schools

School District Lincoln Park

Others

Tax ID 45021080174000

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Listed by Keller Williams Somerset

NEARBY SCHOOLS & PROPERTIES

Kory Lambarth

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(313) 283-2781

kory@korvanrealty.com

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4186 Drouillard Street