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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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1307 University Ave , Lincoln Park, MI 48146
$229,000
Est. Payment: $508.89/mo
4 Bed
2 Bath
2160 Sqft
Status: Active | Days on site: 31
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House Description

A GREAT OPPORTUNITY. FOR INCOMING INCOME. TWO UNIT MULTI-FAMILY DWELLING, POSSIBLE THREE UNITS. FIRST FLOOR ENTRY UNIT CONSIST OF TWO BEDROOMS, KITCHEN, DINING ROOM, FAMILY ROOM/LIVING ROOM, FULL BATH. LEASE AMOUNT IS $1400 A MONTH. UTILITIES AND WATER ARE PAID BY THE OWNER. SECOND FLOOR UNIT CONCIST OF TWO BEDROOMS, KITCHEN, LIVING ROOM, FULL BATH. LEASE AMOUNT IS $1200 A MONTH. UTILITIES AND WATER ARE PAID BY THE SELLER. FINISHED BASEMENT WITH FULL BATH, OTHER ROOM AND COIN OPERATED WASHER AND DRYER. BUYER AND AGENT MUST SHOW POTENTIAL BUYER'S PROOF OF FUNDS BEFORE VIEWING THE PROPERTY. BUYERS AND PURCHASER'S AGENT TO VERIFY ALL DATA INFORMATION IN THIS LISTING.

Highlights

Listed by Beverly L Schanley , 734-560-0558 Emmanuel Realty LLC , 888-412-9243.

Property Type

Residential

Lot/Acreage
0.08

Year Built

9999

County

Wayne

Neighborhood

Lincoln Park City

School District

Lincoln Park

Listing ID

20261064405

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Washer, Refrigerator, Range, Dryer
Other:
  • Additional:Basement Finished, Master on Main
Water:Public

Exterior Features

Others:
  • Additional:Porch(es)
Sewer:Public
Parking Features:Detached
Principal Interest
$509
Taxes
$147

Home Price

$229,000

Loan Details

30 yrs
%

Down Payment

20%
$45,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$508.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $508.89 $146.50 $0.00 $655.39
Yearly $6,106.67 $1,758.00 $0.00 $7,864.67
Total $183,200.00 $52,740.00 $0.00 $235,940.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Lincoln Park, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.