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$ 2,350,000
Est. payment /mo
New
575 E Lincoln Street Birmingham, MI 48009
15 Baths
0.4 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Birmingham
Subdivision Birmingham
MLS Listing ID 20261024206
Year Built 1981
Annual Tax Amount $20,264
Lot Size 0.400 Acres
Acres 0.4
Lot Dimensions 165 x 107
Source Realcomp
Property Description
Exceptionally rare opportunity to acquire a fully occupied eight-unit apartment building on the north side of Lincoln in downtown Birmingham. Positioned on approximately .40 acres spanning four contiguous lots, the property presents a compelling opportunity for both investors and developers. The existing building offers strong in-place occupancy with room for thoughtful modernization, while the underlying land provides long-term redevelopment potential in one of Birmingham's most established and desirable residential corridors. Built in 1981, the building has been carefully maintained and remains 100% occupied. The apartments are clean and functional, with generous layouts, in-unit laundry, forced-air heating, central A/C, and individually metered utilities. Properties of this scale and location rarely become available, particularly within walking distance of downtown Birmingham's shops, restaurants, and entertainment. Please do not walk the premises unless given consent by listing agents.
Location
State MI
County Oakland
Area Oakland County - 70
Zoning Residential
Direction West of Woodward on the North side of Lincoln
Rooms
Basement Slab
Interior
Heating Forced Air
Cooling Central Air
Exterior
View Y/N No
Building
Lot Description Sidewalk
Water Public
Structure Type Brick
Schools
School District Birmingham
Others
Tax ID 1936257045
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://youtu.be/Rsje1HVVtLY
Listed by KW Domain
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