4222 Drouillard Street
Lincoln Park, MI 48146
Multi Family · MLS # 20261049146 · Listing courtesy of Century 21 Curran & Oberski
About this home
12 unit ranch style multifamily complex consist of four individual buildings with three units per building, Great investment opportunity, 100% leased, private entrance to each unit, some units have been updated, newer parking lot, newer roof, all separate utilities, owner pays water, common laundry in one building, room for rent increases, short walk to restaurants, shops & more, do not disturb tenants, addresses for buildings included in sale are: first 3 are in Lincoln Park & Brest is in Southgate - all 4 buildings are next to each other, 4222 Drouillard, 4228 Drouillard, 4234 Drouillard & 1404 Brest, all data apx.
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Lincoln Park
Over the last 90 days, 104 homes sold in Lincoln Park for a median of $165,000, about $114 per square foot, and the typical one went under contract in 11 days. This home is listed at $1,095,000, or $154 per square foot, 35% above the city median, and has been on the market 93 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Lincoln Park sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $5,736 a year. A buyer who lives here would pay about $4,246 to $29,175 a year once the taxable value resets after the sale, at the 2025 homestead rate of 52.76 mills for Lincoln Park City and Lincoln Park schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
Similar homes in Lincoln Park
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