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Jenn Smart

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4178 Drouillard , Lincoln Park, MI 48146
$262,500
Est. Payment: $1,367.92/mo
0 Bed
3 Bath
3600 Sqft
Status: active | Days on site: 36
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
By proceeding you are providing Jenn Smart with your express written consent to send you marketing and promotional communications via calls or prerecorded messages dialed by a natural person or by using an artificial or automated telephone dialing system.

By checking the box, you consent to receive marketing text messages. If checked, you consent to receiving texts including marketing and promotional communications, from Jenn Smart. Messages and data rates may apply. Message frequency varies. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms & Conditions and Privacy Policy.
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Jenn Smart
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House Description

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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Highlights

Listed by Joseph Hammel , 248-422-1685 and Julia Fradette , 248-719-4374 Keller Williams Somerset , 248-649-7200. MiRealSource, Inc. mls logo

Property Type

Multi-Family
Lot/Acreage
0.17

Year Built

1957

County

Wayne

Area

Lincoln Park (82143)

 Neighborhood

Lincoln Park Highlands Sub

 School District

Lincoln Park Public Schools

Listing ID

61008320

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Above Ground Sq Ft:3600
Water:Public Water

Exterior Features

Lot Dimensions:70X108
Zoning:Multi-Family
Principal Interest
$1,368
Taxes
$259

Home Price

$262,500

Loan Details

30 yrs
6.792%

Down Payment

20%
$52,500
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,367.92

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,367.92 $259.17 $0.00 $1,627.09
Yearly $16,415.09 $3,110.00 $0.00 $19,525.09
Total $492,452.64 $93,300.00 $0.00 $585,752.64
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So-Crates Johnson
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Market insight data is pulled from the same city as the listing being viewed (Lincoln Park, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

IDX service by Blueroof 360

Data last updated: 2026-09-02T01:10:54.300Z

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