This beautifully renovated duplex presents an excellent opportunity for investors seeking a turnkey income property, or for a family looking to live in one unit while renting out the other to help offset their mortgage costs. Lower Unit features 2-bed, large dining and living space great for entertaining. Upper unit is a 1-bed with walk-in closet, large Living and Dining space and plenty of storage. Shared laundry located in the Basement, more storage and an additional approx 450 sf of a newly completed Rec Room and Full Bath for family and entertaining. All major work has been completed and its ready to go! New Roof, New dedicated Furnaces for each unit, Remodeled Kitchen & Baths, New Paint throughout, Original refinished hardwood floors, New Garage Door and much more.Located in a desirable neighborhood, in a convenient area with easy access to shopping, dining, and local amenities, Don't miss out on the opportunity to make this fully remodeled duplex your own! CITY INSPECTION HAS BEEN COMPLETED -CERTIFICATE OF APPROVAL ISSUED
Property Details
Property Features
Property Information:
Year Built: 1929
Listing Office:
Office Name: eXp Realty, LLC
Office Phone: (888) 501-7085
Listing Agent: Marisela Garcia-Mercado
Interior Features
Interior Information:
Basement: Yes
Exterior Features
Parking Information:
Parking: Concrete, Garage
Lot Features
Lot Information:
Lot Size: 0.08 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Other
Directions Information:
Directions: N of Southfield / W of Fort St
Price Information
Listing Price Info
Price Summary:
List Price: $189,000
Tax Information:
Annual Amount: $2,283
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Lincoln Park, MI.
This property is $39K more than the Median Sold Price in Lincoln Park, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Greater Metropolitan Association of REALTORS
MLS Number: #81024058429
Listing Office:
Office Name: eXp Realty, LLC
Office Phone: (888) 501-7085
Listing Agent: Marisela Garcia-Mercado
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,011
Per Month
Principal & Interest
$944
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$633
Powered By
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Lafayette Elementary School
1360 Lafayette Blvd
Distance between this listing and this school0.17 miles
Public District Grades PK-6
2
/10
Raupp Elementary School
1351 Ethel Ave
Distance between this listing and this school0.67 miles
Public District Grades PK-6
1
/10
Ralph J. Bunche Academy
503 Hyacinthe St
Distance between this listing and this school1.07 miles
Public District Grades PK-3
Nearby Schools
2
/10
Mark Twain School for Scholars
12800 Visger St
Distance between this listing and this school1.05 miles
Public District Grades PK-8
2
/10
Lincoln Park Middle School
2800 Lafayette Blvd
Distance between this listing and this school1.08 miles
Public District Grades 7-8
1
/10
Grandport Academy
4536 6th St
Distance between this listing and this school1.44 miles
Public District Grades 4-8
Nearby Schools
4
/10
Lincoln Park High School
1701 Champaign Rd
Distance between this listing and this school1.13 miles
Public District Grades 9-12
10
/10
Downriver Digital Academy
27225 W Outer Dr
Distance between this listing and this school1.32 miles
Public Magnet Grades 6-12
2
/10
Hope Academic Academy
27225 W Outer Dr
Distance between this listing and this school1.32 miles
The neighbors living near this home have an average income of $38,072. Residents of Lincoln Park, MI typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
This home is located at 1419 University Ave in Lincoln Park, MI and zip code 48146. This home, which was built in 1929, sits on a 0.08 acre lot. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $189,000.
In November 2024 more than 17 listings in Lincoln Park, MI were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 13 were sold below. The inventory of homes for sale in Lincoln Park, MI between October 2024 and November 2024 decreased by 11.7%. Listings spent 24 days on the market in November 2024, and had a median list price of $150,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.