211 E Main Street, Addison, MI 49220 (MLS # 24042692)
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.
DAYS ON MARKET
|
112
|
LAST UPDATED
|
9/25/2024
|
YEAR BUILT
|
1973
|
COMMUNITY
|
Lenawee County - Y
|
COUNTY
|
Lenawee
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Multi Family
|
|
|
AIR |
Wall Unit(s) |
AIR CONDITIONING |
Yes |
AREA |
Lenawee County - Y |
BASEMENT |
Walk-Out Access, Yes |
CONSTRUCTION |
Brick |
FIREPLACE |
Yes |
HEAT |
Hot Water |
LOT |
0.33 acre(s) |
LOT DESCRIPTION |
Corner Lot |
LOT DIMENSIONS |
76x132 |
PARKING |
Asphalt, Driveway |
SEWER |
Public Sewer |
TAXES |
7631 |
UTILITIES |
Natural Gas Available, Phone Available, Water Available, Sewer Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected |
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Listing provided by Jones Chance & Co, Brian Jones-Chance
Copyright 2024 MichRIC, LLC. All rights reserved.
Updated 11/21/24 5:49 AM PST
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