2361 Ferris Avenue new

Lincoln Park,MI 48146

$ 499900

6 Beds

6 Baths

3600 SqFt


Key Details

Property Type Multi-Family

Sub Type Ranch

Listing Status Active

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $138

Subdivision Fort St School Sub

MLS Listing ID 20251010361

Style Ranch

Bedrooms 6

Full Baths 6

Year Built 1967

Annual Tax Amount $8,137

Lot Size 0.330 Acres

Property Sub-Type Ranch

Property Description

EXCELLENT LINCOLN PARK LOCATION AT THE CORNER OF FERRIS & MILL IN A VERY NICE NEIGHBORHOOD! WALK TO PARKS, SCHOOLS, LOCAL SHOPPING + RESTAURANTS + QUICK, EASY ACCESS TO FORT ST + X-WAYS FOR AN EASY COMMUTE TO WORK! ORIGINAL FAMILY OWNERS SELLING! EXCELLENT CASH FLOW POTENTIAL! RARE OPPORTUNITY TO OWN THIS UNIQUE INCOME PROPERTY W/6 TOTAL UNITS-COMPRISED OF 3 WELL MAINTAINED 1200 SQ FT BRICK RANCH DUPLEXES (TWO-1 BR APTS W/600 SQ FT EACH IN EACH BUILDING) ON A NICE SIZE CORNER LOT W/PLENTY OF CEMENT PARKING AREAS + 1 OF THE BUILDINGS HAS AN ATTACHED 10X12 STORAGE SHED! ALL 3 BLDS HAVE THE CITY OF LINCOLN PARK RENTAL CERTIFICATES OF COMPLIANCE + ALL 3 BUILDINGS HAVE THE CITY OF APPROVAL FOR RESALE TOO! DO NOT TALK TO OR BOTHER THE TENANTS! 1 UNIT CAN BE SHOWN-THE OTHER 5 WILL BE MADE ACCESSIBLE ONLY AFTER AN ACCEPTED OFFER! DO NOT ROAM AROUND THE PROPERTY OR DISTURB THE TENANTS IN ANY WAY! EACH UNIT HAS SEPARATE ELECTRIC & GAS THAT THE TENANTS PAY*EACH BUILDING HAS 1 WATER METER THAT THE OWNER PAYS*EACH UNIT HAS 1 BEDROOM, 1 BATH, LIVING ROOM, EAT-IN KITCHEN + A LAUNDRY/UTILITY ROOM-THE WASHER/DRYER IN THE UNIT BEING SHOWN STAYS W/THE SALE-ALL OTHER WASHER/DRYERS BELONG TO THE TENANTS*ALL 6 HAVE A STOVE & REFRIGERATOR THAT STAY W/THE UNIT AND ARE OWNED BY THE SELLER*ALL TENANTS ARE ON A MONTH TO MONTH RENTAL AGREEMENT-5 OF THE 6 ARE CURRENTLY RENTED*ALL 6 HAVE WALL A/C UNITS*2 PARKING SPACES FOR EACH BUILDING ON THE PROPERTY*NOTE: ACREAGE IS CORRECT .33 – LOT DIMENSIONS ARE APPROXIMATE*

Location

State MI

County Wayne

Area Lincoln Park

Zoning Commercial

Interior

Hot Water Natural Gas

Heating Forced Air,Separate Meters

Cooling Wall Unit(s)

Laundry 1

Exterior

Exterior Feature Private Entry

Garage Spaces 6.0

Building

Foundation Crawl

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick

Schools

School District Lincoln Park

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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