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1470 Paris Ave
Lincoln Park, MI 48146

$1,399,000 USD

Multifamily For Sale  •  7,500 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 7,500 SF
  • Lot Size 0.59 AC
  • Year Built 1991
  • Cap Rate 7.86 %
  • Zoning Neighborhood Business
30 Transit Score
50 Walk Score

Highlights

12 UNIT MULTI-FAMILY BUILDING
COMPLETELY RENOVATED – TURNKEY CONDITION
ALL UNITS: 1 BED / 1 BATH WITH FULL KITCHEN & LIVING AREA

Financial Summary (Actual)

Net Operating Income: $109,848 USD (2025)
Cap Rate: 7.86 %
Total Expenses: $29,652 USD

Public Transportation

Commuter RailDriveWalkDistance
Dearborn (Wolverine - Amtrak) 15 min - 6.5 mi
AirportDriveWalkDistance
Detroit Metro Wayne County 22 min - 14.6 mi
Windsor International 34 min - 18.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Ali T. Charara 313-289-2222 Ali T. Charara Team
Ali T. Charara 313-289-2222 Ali T. Charara Team