About This Home

This 8-bedroom, 0-bathroom residential multi family at 1505 Ford Boulevard in Lincoln Park, MI is listed for $424,900. Built in 1969, on a 0.30 acres lot.

Key Features

  • Built in 1969
  • 0.30 acre lot
  • 9 parking spaces

Property Details

4 full
9 spaces
1969

Amenities

A/C
Listing Description

Calling all investors! Turnkey, fully occupied 4-unit complex. Each unit is 2 BD, 1 BA. Updates include furnaces, paved driveway, new siding, gutters, downspouts, outside lighting, new 6ft fence in back & updated windows throughout. Unit 2 has updated kitchen w/tenant whose lease expires 7/24.

Unit 1 lease expires 10/24. Units 3 & 4 are month to month. Unit 4 tenant has been there since 2018. Unit 3 tenant has been there since 2021. Owners prepaid 2024 fertilization & pay the water bill. Each unit has separate gas & electric hook up. Current rents are below market value. Avg rent for a 2 bedroom in Lincoln Park is $1050/mo. No showings until offer is accepted. Photos are Unit 3. Unit 1 & 3 are the same; 2 & 4 are the same, flipflopped. DO NOT DISTURB THE TENANTS. Call Ben with questions.

Monthly Cost Estimate

$2,272/mo

20% down · 6.5% · 30 years

Principal$307
Interest$1,841
Insurance$124

Estimates only. Actual payments may vary.

Location

1505 Ford Boulevard

Lincoln Park, MI 48146

Property Details

Construction

Brick

Heating

Forced Air

Cooling

Wall Unit(s)

Questions & Answers

This 8-bedroom, 0-bathroom residential multi family at 1505 Ford Boulevard is listed at $424,900. The estimated monthly payment is $2,273 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1969, 0.30 acre lot, 9 parking spaces.

This property is listed by Benjamin Cockrum.

BC

Benjamin Cockrum

Agent at Preferred, Realtors Ltd

Listed by Preferred, Realtors Ltd · Broker phone: 734-459-6000

MLS# 24008731· Source: Michigan Regional Information Center, LLC.· 983 days on PropertySimple

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1505 Ford Boulevard, Lincoln Park, MI 48146

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