1673-1665 PAGEL Avenue

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1673-1665 PAGEL Avenue

Lincoln Park, Michigan 48146

8 baths | 4,600 sqft | MLS# 2210035172

Sold

For more information on this property, please contact:

Anwar Jennings

DESCRIPTION

Well maintained two apartment buildings! 8 units total (5 & 3). Fully occupied and licensed with the city. Two separate buildings, produces good and steady income. 7 one bedroom and 1 two bedroom. Currently at around 10% CAP Rate. Under market rates gives new owner an opportunity to raise them for better returns. Lincoln Park is centrally located in Downriver community, has lots of parks and recreational activities. Detroit River is just a short drive away allows for boating and fishing. Tenants are not aware of sale. Please do not approach or talk to tenants.

FACTS

Full Baths: 8 Style: Colonial,Common Entry Building School District: Lincoln Park County: Wayne Status: Sold Listing Type: Multifamily Stories: 2 Story Cooling: Window Unit(s) Heating: Baseboard,Forced Air

FEATURES

Sewer: Public Sewer (Sewer-Sanitary) Exterior: Brick Veneer (Brick Siding) Exterior Features: Fenced Interior Features: High Spd Internet Avail,Laundry Facility,Carbon Monoxide Alarm(s),Cable Available Directions: Fort St Between Moran & Champaign Rd Then W (Off Fort) On Pagel


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