1870 Saint Johns Blvd - Apartments FOR SALE


Lincoln Park, MI 48146
$899,800 USD
313-203-8209
1870 Saint Johns Blvd, Lincoln Park, MI for Sale
$899,800 USD
Apartments - FOR SALE
1/26
null | Request Cap Rate

1870 Saint Johns Blvd
Lincoln Park, MI 48146


HIGHLIGHTS

  • Eight-unit multifamily property configured as a two-story apartment building.
  • Reported as 100% tenant occupied at the time of listing.
  • All units are described as two-bedroom layouts with living, dining, and kitchen areas.
  • Basement includes on-site laundry facilities for residents.
  • Large on-site parking area serves the property.
  • Located near neighborhood retail, restaurants, schools, and regional transportation corridors.

OVERVIEW

8 unit 2 story apartment building, 100% tenant occupied, each unit consists of 2 bedrooms, living room, kitchen, dining area & bathroom, basement with on-site laundry, huge parking lot, super close to many shops, restaurants & schools, all data apx. 1870 Saint Johns Boulevard presents an opportunity to acquire an eight-unit multifamily asset in Lincoln Park, a Downriver community within the Detroit metropolitan area. The property consists of an eight-unit, two-story apartment building that is reported as fully occupied. Each unit includes two bedrooms, a living room, kitchen, dining area, and bathroom. Additional property features include a basement with on-site laundry facilities and a large parking area serving residents. The location provides access to local retail, restaurants, schools, neighborhood services, and major transportation routes connecting Lincoln Park to the broader Detroit region. Lincoln Park benefits from proximity to Interstate 75, Fort Street, Southfield Road, and nearby employment centers throughout Wayne County. The property's residential configuration, existing occupancy, and established neighborhood setting position it as a stabilized multifamily investment within an infill suburban market. The combination of multiple residential units, on-site parking, and resident amenities supports ongoing rental operations. Its location within a mature residential area provides access to daily conveniences and regional transportation infrastructure, which can contribute to continued tenant demand. Investors seeking an income-producing multifamily asset may find value in the property's existing occupancy and established operating history.

FOR SALE DETAILS

PRICE

$899,800 USD

PRICE/SF

$115 USD /SF

# OF UNITS

8

PRICE/UNIT

$112,475

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

45-022-04-0092-000

ASK ABOUT THIS PROPERTY

Dave AbdallahCentury 21 Curran & OberskiMore Info
313-203-8209

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Dave AbdallahCentury 21 Curran & OberskiMore Info
313-203-8209

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.