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$ 130,000
Est. payment /mo
Active
1778 REO AVE Lincoln Park, MI 48146
4 Beds
1 Bath
1,059 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type SingleFamilyResidence
Listing Status Active
Purchase Type For Sale
Square Footage 1,059 sqft
Price per Sqft $122
Subdivision Penn Outer Drive Sub
MLS Listing ID 20250034611
Style Bungalow
Bedrooms 4
Full Baths 1
Year Built 1947
Property Sub-Type SingleFamilyResidence
Property Description
Investor alert! 1778 Reo is a 4-bedroom, tenant-occupied gem bringing in $1,450/month in the heart of Lincoln Park—one of Downriver's rapidly growing markets known for its strong sense of community, homeowner pride, and easy access to Detroit. With a signed lease until April 2026 and a valid rental license with the city, this property offers day-one cash flow and peace of mind. The home was recently made rent-ready and features modern flooring, fresh paint, a tiled bath, white kitchen cabinets, and key updates including a newer sewer line, hot water tank, and 2021 furnace. Plus—an enclosed back patio and huge two-car garage for added value. A true plug-and-play buy-and-hold opportunity with strong returns in a growing neighborhood. These don't come up often—act fast!
Location
State MI
County Wayne
Area Area05143Lincolnpark
Interior
Heating ForcedAir, NaturalGas
Exterior
Parking Features TwoCarGarage, Detached
Garage Spaces 2.0
Pool None
View Y/N No
Garage true
Building
Foundation CrawlSpace
Sewer PublicSewer
Water Public
Schools
School District Lincolnpark
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
©2025 Realcomp II Ltd. Shareholders
Listed by Joseph Hammel of Keller Williams Somerset
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