211 E Main Street Active Save Request In-Person Tour Request Virtual Tour
Addison,MI 49220
Key Details
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Active
Purchase Type For Sale
Municipality Addison Vllg
MLS Listing ID 24042692
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 Lenawee County - Y
Direction From Jackson: S on 127 to E Main Street. E on E Main. Property at corner of Jackson and E Main.
Rooms
Basement Walk-Out Access
Interior
Heating Hot Water
Cooling Wall Unit(s)
Fireplaces Number 1
Exterior
Garage Asphalt,Driveway
Utilities Available Phone Available,Natural Gas Available,Electricity Available,Cable Available,Phone Connected,Natural Gas Connected,Electricity Connected,Water Available,Sewer Available,Storm Sewer,Broadband
Waterfront No
View Y/N No
Roof Type Rubber
Parking Type Asphalt,Driveway
Total Parking Spaces 15
Building
Lot Description Sidewalk,Corner Lot
Sewer Public Sewer
Structure Type Brick
New Construction No
Schools
School District Addison
Others
Tax ID RL1-451-0030-00
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional