$364,900 for Sale

585 southfield road, lincoln park, MI 48146

Property Description
mixed-use investment opportunity in the heart of Lincoln Park is generating $49200 annual income! This well-maintained building features three residential rental units plus a storefront currently leased to a tobacco shop, providing immediate income from day one. The two upper units have been recently renovated and offer modern updates including new windows, updated kitchens and bathrooms, and split AC units. The property features a balcony adding convenience and appeal for tenants or short-term guests. Two of the units offer two bedrooms, one full bathroom, a spacious living room, dining room, and kitchen. The third unit includes one bedroom, one full bathroom, living room, dining room, and kitchen — ideal for a variety of rental options. With strong rental demand and flexible layout, the upper units have excellent potential to generate high income as short-term rentals such as Airbnb. Located in Lincoln Park, an area currently booming with new investors and redevelopment activity, this property presents a rare opportunity for both steady cash flow and long-term appreciation. Perfect for investors looking to expand their portfolio with a turnkey, income-producing property. BATVAI
General Information
Sale Price: $364,900
Price/SqFt: $106
Status: Active
MLS#: rcomi20261012561
Originating MLS: Realcomp2
City: lincoln park
Post Office: lincoln park
Schools: lincoln park
County: Wayne
Acres: 0.05
Lot Dimensions: 30x63x30x63
Size: 3,450 sq.ft.
Acreage: 0.05 est.
Year Built: 1926
Property Type: Commercial
Style:
Tax, Fees & Legal
Est. Summer Taxes:  $5,359
Est. Winter Taxes:  $917


IDX provided courtesy of Realcomp II Ltd. via Crown Real Estate Group and Realcomp II Ltd., ©2026 Realcomp II Ltd. Shareholders Listing By: Mohammed Almahdi of Epique Realty, Phone: (248) 218-2604
(231) 343-9695 Call Lyly Nguyen for more information about this property.

Ask me about this property

Listings Presented by:
Lyly Nguyen
Call:
(231) 343-9695

Office:
(810) 644-7790