1778 REO Avenue new

Lincoln Park,MI 48146

$ 145000

4 Beds

1 Bath

1059 SqFt


Key Details

Property Type Single Family Home

Sub Type Bungalow

Listing Status Active

Purchase Type For Sale

Square Footage 1,059 sqft

Price per Sqft $136

Subdivision Penn Outer Drive Sub

MLS Listing ID 20250034611

Style Bungalow

Bedrooms 4

Full Baths 1

Year Built 1947

Annual Tax Amount $3,646

Lot Size 4,791 Sqft

Property Sub-Type Bungalow

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 Lincoln Park

Rooms

Kitchen Free-Standing Electric Range,Free-Standing Refrigerator

Interior

Heating Forced Air

Exterior

Parking Features Detached

Garage Description 2 Car

Building

Foundation Crawl

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Aluminum

Schools

School District Lincoln Park

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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