$526,500
$499,900
5.3%For more information regarding the value of a property, please contact us for a free consultation.
4055 COOLIDGE Avenue Lincoln Park, MI 48146
6 Beds
6 Baths
4,240 SqFt
Key Details
Sold Price $526,500
Property Type Multi-Family
Sub Type Colonial
Listing Status Sold
Purchase Type For Sale
Square Footage 4,240 sqft
Price per Sqft $124
Subdivision Dix Avenue Manor Sub
MLS Listing ID 20230022586
Style Colonial
Bedrooms 6
Full Baths 6
Year Built 2005
Annual Tax Amount $8,454
Lot Size 0.300 Acres
Property Sub-Type Colonial
Property Description
**MULTIPLE OFFERS RECIEVED PLEASE PROVIDE YOUR BEST CASH OFFER BY SUNDAY AT 8PM**. You won't find a Nicer or Newer 6 family apartment building unless you build it yourself and spend hundreds of thousands more to do so. This 2-story full brick, premium build 6-unit was constructed in 2005 with (3) 1 bedroom upstairs & (3) 1 bedroom on the main floor all w/ fire sprinkler systems throughout. 100% occupied w/ longtime tenants that each pay $600 a month each by landlords' choice. Market rate is $850 per month so plenty of upside. Each unit has a private entrance, spacious living room, open kitchen/ dining area w/ tile floor, bedroom & bathroom. All units have a small mechanical closet w/ it's own furnace/ AC combo unit / water heater & electric panel. Tenants pay Electric/ Gas and LL pays water. On-site laundry room w/ coin opperated washer & dryer which has its own water heater, separate gas / electric meter for extra income. Large concrete parking lot out front provides plenty for parking 9+ cars surrounded by a small lawn area w/ sprinklers & attractive landscaping. Quiet dead-end street with the South Branch Ecorse River running alongside of the building. NO SHOWINGS WITHOUT AN ACCEPTED OFFER. All appliances present are negotiable.
Location
State MI
County Wayne
Area Lincoln Park
Zoning Multi-Family
Interior
Heating Forced Air
Cooling Central Air
Laundry 1
Exterior
Exterior Feature Gutter Guard System, Lighting, Private Entry, Satellite Dish
Garage Spaces 9.0
Roof Type Asphalt
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick
Schools
School District Lincoln Park
Others
Acceptable Financing Cash
Listing Terms Cash
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