211 E Main Street

Addison, Michigan 49220

  • 9 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 0.33
    Acre(Lot)
$750,000

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.

  • Property Type

    Multifamily

  • County

    Lenawee

  • Style

    Multifamily

  • AD ID

    46643302

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Property Details

  • Interior Features

    • Other,Laundry Facility,Cable Available
    • Roof : Rubber
    • Basement Description: Walkout Access

    Heating & Cooling

    • Cooling: Wall Unit(s)
    • Heating: Hot Water
    • Heating Fuel: Natural Gas,Other

  • Building Information

    • Year Built: 1973
    • Total Units: 11
    • Roof: Rubber

    Utility Features

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

    Water

    • Public (Municipal),Water at Street

  • Lot Information

    • Lot Size: 0.33
    • Dimensions: 76x132

    Property Information

    • Financing: Cash,Conventional

  • Listing Price Information

    • Original List Price: $750,000

    Listing Information

    • Possession: At Close
    • Legal Description: S 1/4 OF LOTS 3 AND 4 ALSO N 43 FT OF LOTS 5 AND 6-BLK NO 10 ADDISON J COMSTOCKS ADD TO THE VILL OF ADDISON

  • Tax Information

    • Annual Tax: $7,631
    • Parcel Number: RL1451003000

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: S 1/4 OF LOTS 3 AND 4 ALSO N 43 FT OF LOTS 5 AND 6-BLK NO 10 ADDISON J COMSTOCKS ADD TO THE VILL OF ADDISON

  • Parking Information

    • Parking: 15

    Multi-Unit Information

    • Road Frontage: Pub. Sidewalk

    Unit 1 Information

    • # of Bedrooms: 1

    Unit 2 Information

    • # of Bedrooms: 4

  • Utility Information

    • Water:Public (Municipal),Water at Street
    • Sewer:Public Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain
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BuyOwner last updated this listing 09/16/2024 @ 15:38

  • MLS: 611855649
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 9 bedrooms which is recently sold, it has 0 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.