This 10-unit multifamily property offers a steady income opportunity in the heart of Lincoln Park’s active downtown district. Spanning over 7,300 square feet, the building comprises ten one-bedroom, one-bath units with several recent upgrades, providing both stable cash flow and upside potential for value-add improvements. Some units have been renovated, while a partial basement supports additional storage and operational functions.
Located off Garfield Avenue, the property enjoys proximity to Lincoln Park Library, the city’s police station, and Lincoln Park High School, as well as numerous retail and dining establishments, ensuring sustained tenant demand in a walkable, amenity-rich area. Easy access to Fort Street and major routes like I-75 and Southfield Road connects residents quickly to Downtown Detroit and the broader metro region.
Ample on-site and street parking adds convenience for tenants and guests, while modernized building systems support efficient building operations. With strong rental performance and potential for repositioning, this asset appeals to investors targeting stabilized income with room to optimize NOI through targeted enhancements.