For sale Home

Listed Jan 16, 2026

$80,000 Est. $529/mo

1020 Park Avenue

  • 3

    Beds

  • 1

    Baths

  • 1,113

    Sq ft

The story

  • Basement

Whether you're a seasoned investor or purchasing your first rental property, 1020 Park Lane is the opportunity you've been waiting for! This 3-bedroom, 1-bath single-family home is occupied by a long-term tenant who wishes to stay, providing immediate and reliable cash flow from day one. The tenant pays all utilities-including water and trash through the village-keeping your operating expenses low. The home is being sold as-is, making this a straightforward, hassle-free addition to any portfolio. Secure a property that's already generating income and positioned for long-term stability. Add this high-performing investment to your portfolio today!

Facts & features

Home type

Home

Year built

1962

Price per sq ft

$72

Included features

  • Basement

    Yes

  • Cooling

    Central Air

  • Heating

    Natural Gas

  • Appliances

    Range, Refrigerator

  • Roof

    Asphalt

  • Water Source

    Lake Michigan, Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$529 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $426
  • Property tax $80
  • Insurance $23

Includes principal, interest, taxes & insurance.

Your Property Journey

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Listing Broker

Coldwell Banker Realty

Broker Name

Coldwell Banker Realty

Agent

Danielle McDavis