Addison, MI 49220-9642,211 E Main Street
$750,000
Est. payment /mo
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9,450 SqFt
Active

211 E Main Street Addison, MI 49220-9642

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UPDATED:

09/25/2024 10:46 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,450 sqft

Price per Sqft $79

Subdivision Mi

MLS Listing ID 70425150

Year Built 1973

Annual Tax Amount $7,631

Tax Year 2023

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 (46023)

Rooms

Basement Walk Out

Interior

Heating Hot Water

Exterior

Exterior Feature Brick

Amenities Available Laundry Facility

Waterfront No

Building

Lot Description Sidewalks

Foundation Basement

Water Public Water

Structure Type Brick

Schools

School District Addison Community Schools

Others

Energy Description Natural Gas

Financing Cash,Conventional


MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Jones Chance & Co

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Scott Clay

Broker/Owner | License ID: 6502432343

+1(989) 332-1712

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211 E Main Street