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1434 REO Avenue
Lincoln Park, MI 48146

$37,500
Est. Mortgage: $187/mo
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Pending
  • 2
    baths
  • 2,080
    sq.ft.
Multi-Family Home

subject to short sale approval, Nice two family income, both units are the same, the upper can be shown, each unit has 2 bedrooms, living room, kitchen and dining area, large front porch on both units, there are to breaker boxes so each unit has it own electric bill, one furnace controls the home. hot water heater 2015, roof installed 2009. both units are rented for $550 per month on a month to month lease. basement area has washer and dryer hook ups. house is rental certified. first floor unit is vacant and 2nd floor unit is rented. buyer to pay $3000 short sale processing fee at time of closing. (short sale was approved at list price but buyer backed out) Deposit to be 3k and to be held by listing office.

Property Details
  • Lincoln Park
    school district
  • Upper/Lower Apartment
    architecture
  • $2,000.00
    taxes
  • 1924
    built
  • 217018639
    MLS#
Forced air heat
Basement
School district: Lincoln Park
Covered porch
Lot size: 33.97X200.18
Subdivision: MUNICIPAL PARK SUB
Lot zoned: Multi-Family
Frontage: 33
Sewer
City water
Units in building(s): 2
Leased units: 1
2 Bedroom units: 2
Total square feet: 2080
Basement square feet: 800
For sale
Summer tax: 1620.0000
Winter tax: 380.0000
Short Sale Property
Courtesy of:
RE/MAX Leading Edge

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Name Type GreatSchools
Rating
Distance
Lincoln Park High School High School / Public 4 1.36 mi.
Lafayette School * Elementary School / Public 3 0.29 mi.
Mark Twain Elementary-Middle School * Elementary School, Middle School / Public 2 0.8 mi.
New Paradigm College Prep * Elementary School / Public 7 1.14 mi.
Ralph J. Bunche Academy * Elementary School / Public 2 0.99 mi.
Raupp School * Elementary School / Public 2 0.75 mi.
Address Distance Sale date Sale price
1505 Ferris 0.65 mi. 10/31/2014 $35,000
1544 ANNE 0.7 mi. 11/16/2017 $37,000
336 RICHTER Street 2.16 mi. 12/4/2018 $29,700
9030 KELLER Street 3.22 mi. 4/30/2018 $31,000
2415 8TH Street 3.64 mi. 11/9/2018 $41,000
8309 RATHBONE Street 3.69 mi. 2/4/2017 $37,500
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{"markerType": "Sold", "lat": "42.25188", "lng": "-83.16887", "Address": "1505 Ferris", "City": "Lincoln Park", "StateProv": "MI", "ZipCode": "48146"}
{"markerType": "Sold", "lat": "42.25342", "lng": "-83.18193", "Address": "1544 ANNE", "City": "Lincoln Park", "StateProv": "MI", "ZipCode": "48146"}
{"markerType": "Sold", "lat": "42.26568", "lng": "-83.13108", "Address": "336 RICHTER Street", "City": "River Rouge", "StateProv": "MI", "ZipCode": "48218"}
{"markerType": "Sold", "lat": "42.29106", "lng": "-83.12479", "Address": "9030 KELLER Street", "City": "Detroit", "StateProv": "MI", "ZipCode": "48209"}
{"markerType": "Sold", "lat": "42.20897", "lng": "-83.1607", "Address": "2415 8TH Street", "City": "Wyandotte", "StateProv": "MI", "ZipCode": "48192"}
{"markerType": "Sold", "lat": "42.30227", "lng": "-83.12728", "Address": "8309 RATHBONE Street", "City": "Detroit", "StateProv": "MI", "ZipCode": "48209"}
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Lincoln Park Real Estate Market in 48146
217
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$75,465
Average sale price
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The approximate monthly principal & interest payment for this property would be $187.47.

This payment is based on a 30-year loan at a fixed rate of 4.750 % - APR 4.826 % with a down payment of $1,875. Actual lender interest rates and loan programs may vary. Loans with lower down payments are available.

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1434 REO Avenue, Lincoln Park, MI 48146, 2 bath multi-family home offered for sale at $37,500.
Provided through IDX through Realcomp II Ltd. Courtesy of Howard Hanna Real Estate Services
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School ratings are supplied by GreatSchools. School attendance zone boundaries are supplied by Maponics. Both are subject to change.

* indicates a school is in close proximity to this home, but this home is not guaranteed to fall within the school's attendance zone boundaries. Check with the applicable school district prior to making a decision based on these boundaries.