Lincoln Park, MI 48146 1510,1380 COLLEGE Avenue
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Lincoln Park, MI 48146 1510,1380 COLLEGE Avenue
Lincoln Park, MI 48146 1510,1380 COLLEGE Avenue
Lincoln Park, MI 48146 1510,1380 COLLEGE Avenue
Lincoln Park, MI 48146 1510,1380 COLLEGE Avenue
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$ 120,000
Est. payment /mo
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1380 COLLEGE Avenue Lincoln Park, MI 48146 1510

2 Baths

1,173 SqFt


UPDATED:

03/14/2025 12:37 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,173 sqft

Price per Sqft $102

Subdivision Mi

MLS Listing ID 20250016205

Style 2 Story

Full Baths 2

Year Built 1924

Annual Tax Amount $4,001

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 32.80 x 105.00

Property Sub-Type Multi-Family

Property Description

Great investment or owner-occupant opportunity in the desirable Downriver area! This vacant 2-unit home (now a 2-bed, 1-bath upper unit and a 1-bed, 1-bath lower unit) offers immediate rental income potential. The upper unit has been recently updated with fresh paint and new carpet, while the lower unit is ready for a turnover. The property includes a detached garage, currently used as a shared community space, and comes with a stove and fridge for added convenience. Recent capital improvements include siding repairs on the right side, though the left side still needs attention. The upstairs bathroom floor also requires repair. The home operates on a single water heater for both units. Whether you're looking to house hack or expand your rental portfolio, this property presents long-term value in a high-demand rental market. FHA/VA financing may be considered; however, some properties may require FHA/VA repairs that the seller may not be able to complete. An optimal FHA/VA offer would likely include the buyer covering up to a certain amount of repairs, with any remaining repairs to be addressed separately. Possible package deal available—seller may consider package discounts for a total of four buildings: 531 Bryant St, Kalamazoo, MI 49001, 130 S 8th St, Lansing, MI 48912, 140 Summit St, Pontiac, MI 48342 Don’t miss out—schedule your showing today!

Location

State MI

County Wayne

Area Lincoln Park (82143)

Zoning Residential

Rooms

Basement Poured

Interior

Heating Forced Air

Fireplace No

Exterior

Exterior Feature Aluminum

Amenities Available Laundry Facility

Building

Story 2 Story

Foundation Basement

Water Public Water

Structure Type Aluminum

Schools

School District Lincoln Park Public Schools

Others

Ownership Private

Assessment Amount $3

Energy Description Natural Gas

Financing Cash,Conventional,FHA,VA


MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by S&P Realty
agent

Omar Jones

Agent | License ID: 6501459078

+1(989) 933-5153

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1380 COLLEGE Avenue