Lincoln Park, MI 48146,1380 COLLEGE AVE
Lincoln Park, MI 48146,1380 COLLEGE AVE
Lincoln Park, MI 48146,1380 COLLEGE AVE
26
$110,000
Est.Price: ?

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2 BA
1,173 SqFt

1380 COLLEGE AVE Lincoln Park, MI 48146

Est. payment /mo
SOLD DATE : 07/01/2025

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Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Sold

Purchase Type For Sale

Square Footage 1,173 sqft

Price per Sqft $85

Subdivision Municipal Park Sub

MLS Listing ID 20250016205

Sold Date 07/01/25

Style Colonial,UpperLowerApartment

Full Baths 2

Year Built 1924

Property Sub-Type MultiFamily

Property Description

Great investment or owner-occupant opportunity in the desirable Downriver area! This vacant 2-unit home (now a 2-bed, 1-bath upper unit and a 1-bed, 1-bath lower unit) offers immediate rental income potential. The upper unit has been recently updated with fresh paint and new carpet, while the lower unit is ready for a turnover. The property includes a detached garage, currently used as a shared community space, and comes with a stove and fridge for added convenience. Recent capital improvements include siding repairs on the right side, though the left side still needs attention. The upstairs bathroom floor also requires repair. The home operates on a single water heater for both units. Whether you're looking to house hack or expand your rental portfolio, this property presents long-term value in a high-demand rental market.

FHA/VA financing may be considered; however, some properties may require FHA/VA repairs that the seller may not be able to complete. An optimal FHA/VA offer would likely include the buyer covering up to a certain amount of repairs, with any remaining repairs to be addressed separately. Possible package deal available—seller may consider package discounts for a total of four buildings: 531 Bryant St, Kalamazoo, MI 49001, 130 S 8th St, Lansing, MI 48912, 140 Summit St, Pontiac, MI 48342

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Location

State MI

County Wayne

Area Area05143Lincolnpark

Rooms

Basement Unfinished

Interior

Heating ForcedAir, NaturalGas

Laundry GasDryerHookup, WasherHookup

Exterior

Exterior Feature Lighting

Parking Features Garage

Pool None

View Y/N No

Roof Type Asphalt

Garage true

Building

Foundation Basement, Poured

Sewer PublicSewer

Water Public

Schools

School District Lincolnpark

Others

Senior Community false

Acceptable Financing Cash, Conventional, FHA, VaLoan

Listing Terms Cash, Conventional, FHA, VaLoan

Special Listing Condition ShortSaleNo, Standard

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Realcomp MLS
Listed by T J Brisbois of S&P Realty
Bought with LPT Realty, LLC

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Jordan Linhard

Jordan Linhard

Agent | License ID: 6501432362

+1(248) 630-5355

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