4186 Drouillard Street, Lincoln Park, MI 48146
Local realty services provided by:ERA Prime Real Estate Group
4186 Drouillard Street,Lincolnpark, MI 48146
$262,500
- - Beds
- 3 Baths
- 1,200 sq. ft.
- Multi-family
- Active
Listed by: joseph hammel, julia fradette
Office: keller williams somerset
MLS#:20261050386
Source:MI_REALCOMP
Price summary
- Price:$262,500
- Price per sq. ft.:$218.75
About this home
Great opportunity in the Lincoln Park neighborhood! 5 of the 6 units are currently rented and they are working on filling the 6th, 2 units newly renovated. Both buildings 4178 and 4186 Drouillard are separate tax IDs and can be purchased together or separately. The roof, furnaces, and water heaters have all been recently inspected and are in great shape! Properties with similar finishes and layouts have sold quickly in the and market rents are $850-1000 per month for prospective investors. Cap rate is around 8-9% currently and expected income once the final unit is filled will be roughly $5200/month. Walkthrough video available from agent. FHA, VA, Conventional, Hard Money, cash or all welcome for offers. No access without accepted offers.
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Home facts
- Year built:1958
- Subdivision & Development:LINCOLN PARK HIGHLANDS SUB
- Listing ID #:20261050386
- Added:61 day(s) ago
- Updated:September 05, 2026 at 10:13 AM
Rooms and interior
- Total bathrooms:3
- Full bathrooms:3
- Living area:1,200 sq. ft.
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1958
- Building area:1,200 sq. ft.
- Lot area:0.1 Acres
- Architectural Style:Ranch
- Construction Materials:Brick
- Foundation Description:Slab
- Levels:One
Utilities
- Water:Public
- Sewer:Sewer at Street
Finances and disclosures
- Price:$262,500
- Price per sq. ft.:$218.75
- Tax amount:$3,092
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