Addison Vlg, MI 49220,211 E Main Street
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$ 750,000
Est. payment | /mo

5 Beds

0.33 Acres Lot


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$ 750,000
Est. payment | /mo
Save

5 Beds

0.33 Acres Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 81024042692

Bedrooms 5

Originating Board Greater Metropolitan Association of REALTORS®

Year Built 1973

Annual Tax Amount $7,631

Lot Size 0.330 Acres

Acres 0.33

Lot Dimensions 76x132

Property Description

Turn-key investment with low vacancy rate.Popular location across from Addison High School.11 unit building offers ten 2 bedroom apartments and one 1 bedroom apartment.Monthly rent is $800-$850 per month for remodeled units and $650 per month for older units. 1 bedroom rents for $650 per month.Excellent building, with room to increase NOI.

Location

State MI

County Lenawee

Area Addison Vlg

Direction From Jackson: S on 127 to E Main Street. E on E Main. Property at corner of Jackson and E Main.

Rooms

Basement Walkout Access

Interior

Interior Features Other, Laundry Facility, Cable Available

Heating Hot Water

Cooling Wall Unit(s)

Fireplace no

Heat Source Natural Gas, Other

Laundry 1

Exterior

Garage Spaces 15.0

Waterfront no

Roof Type Rubber

Road Frontage Pub. Sidewalk

Garage no

Building

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street, Storm Drain

Water Public (Municipal), Water at Street

Structure Type Brick

Schools

School District Addison

Others

Pets Allowed Yes

Tax ID RL1451003000

Ownership Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Realcomp MLS
Listed by Brian Jones-Chance of Jones Chance & Co

GET MORE INFORMATION

JEFF HIGGINS

Managing Partner | License ID: 6506046014

+1(248) 233-6165

280 North Old Woodward Avenue, Suite 100, Birmingham, MI, 48009, United States

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211 E Main Street