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Jim Blehm

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

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4178 Drouillard St , Lincoln Park, MI 48146
$230,000
Est. Payment: $511.11/mo
3 Bath
0.17 Acres
Status: pending | Days on site: 98
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409720 - 422602
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Jim Blehm, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Jim Blehm
Team Owner, Realtor®
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House Description

Property to be sold as-is, all units are fully leased out now, NO WALKTHROUGHS OR INSPECTIONS IN PERSON WITHOUT AN LOI OR OFFER IN HAND. Please reach out to the agent if you’d like additional information or photos. Great opportunity in the Lincoln Park neighborhood! 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 is $5200/month. Walkthrough video available from agent. FHA, VA, Conventional, Hard Money, cash or all welcome for offers.
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Highlights

Listed by Joseph Hammel , 248-422-1685 Keller Williams Somerset , 248-649-7200. MichRIC

Property Type

Multi-Family
Lot/Acreage
0.17

Year Built

1957

County

Wayne

 Neighborhood

Lincoln Park City

 School District

Lincoln Park

Listing ID

20261050375

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bathrooms:3
Basement:Slab
Water:Public

Exterior Features
Principal Interest
$511
Taxes
$259

Home Price

$230,000

Loan Details

30 yrs
0%

Down Payment

20%
$46,000
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:
$511.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $511.11 $259.17 $0.00 $770.28
Yearly $6,133.33 $3,110.00 $0.00 $9,243.33
Total $184,000.00 $93,300.00 $0.00 $277,300.00
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Brian Belinger
Loan Originator
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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.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-11-02T20:20:57.000Z

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