$560,000
$750,000
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211 E Main Street Addison Vlg, MI 49220
5 Beds
0.33 Acres Lot
Key Details
Sold Price $560,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 81024042692
Sold Date 02/28/25
Bedrooms 5
Originating Board Greater Metropolitan Association of REALTORS®
Year Built 1973
Annual Tax Amount $7,631
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 Vlg
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
Interior Features Other, Laundry Facility
Heating Hot Water
Cooling Wall Unit(s)
Fireplace no
Heat Source Natural Gas, Other
Laundry 1
Exterior
Garage Spaces 15.0
Roof Type Rubber
Road Frontage Pub. Sidewalk
Garage no
Building
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street, Storm Drain
Water Public (Municipal), Water at Street
Structure Type Brick
Schools
School District Addison
Others
Pets Allowed Yes
Tax ID RL1451003000
Ownership Private Owned
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with Irish Hills Realty