$ 750,000
211 E Main Street Addison, MI 49220-9642
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$ 750,000
Est. payment /mo
Active
211 E Main Street Addison, MI 49220-9642
9,450 SqFt
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
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Jones Chance & Co