1778 REO AVE Active Save Request In-Person Tour Request Virtual Tour
Lincoln Park,MI 48146
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
Building
Foundation CrawlSpace
Sewer PublicSewer
Water Public
New Construction No
Schools
School District Lincolnpark
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard