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$364,900 for Sale

585 southfield, lincoln park, MI 48146

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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#: 745
City: lincoln park
Post Office: lincoln park
County: Wayne
Acres: 0.05
Lot Dim: 30x63x30x63
Size: 3,450 sq.ft.
Acreage: 0.05 est.
Year Built: 19
Property Type: Commercial/Industrial
Tax, Fees & Legal
Est. Summer Taxes:  $5,359
Est. Winter Taxes:  $917


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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Mohammed Almahdi of Epique Realty

This listing last updated: Wed, March 04, 2026 at 6:04:29 PM EST

MIRealSource Listing Data Last Updated On Thursday, April 2 2026 at 5:09am
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Listings presented by:
Mohammed Almahdi
Epique Realty
Call: (313) 338-7652

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