561 S Main Street Active

Adrian,MI 49221

$ 184900

3 Beds

3 Baths

1942 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,942 sqft

Price per Sqft $95

Subdivision Mi

MLS Listing ID 50158408

Style 2 Story

Bedrooms 3

Full Baths 3

Year Built 1870

Annual Tax Amount $3,355

Tax Year 2023

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 45x162

Property Description

A fantastic investment opportunity in Adrian! This well-maintained triplex features three rental units with separate utilities and a strong rental history. Ideal for investors looking to generate income immediately. All 3 single units occupied generating $2500 p/month in rent. Modern upgrades and stylish finishes in the upper unit, making it highly desirable for tenants. Includes a 2-car detached garage with ample additional parking space. Recently painted within the last few years, enhancing the curb appeal and reducing maintenance. This triplex is a fantastic opportunity for investors looking to acquire a solid, income-generating property.

Location

State MI

County Lenawee

Area Adrian (46025)

Rooms

Basement Full,Brick

Dining Room Eat-In Kitchen

Kitchen Eat-In Kitchen

Interior

Heating Forced Air

Cooling Ceiling Fan(s)

Fireplace No

Appliance Dryer,Microwave,Range/Oven,Refrigerator,Washer

Exterior

Exterior Feature Wood

Garage Detached Garage

Garage Spaces 2.0

Waterfront No

Building

Story 2 Story

Foundation Basement

Water Public Water

Structure Type Wood

Schools

School District Adrian City School District

Others

Ownership Private

SqFt Source Estimated

Energy Description Natural Gas

Financing Cash,Conventional,FHA

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