$750,000
For Sale

211 E Main Street

Addison, MI 49220
0.33 acres | #24042692
Type:Multi-Family
Structure:Unit
Zone:Residential

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.

  • Property Details
      • Lot DescriptionSidewalk, Corner Lot
    • Measurements
      • Acres0.33
  • Construction Details
      • Property TypeMulti-Family
      • BasementWalk Out
    • Condition
      • Year Built1973
  • Utilities / Energy Details
      • Utility FeaturesPhone Available, Water Available, Sewer Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connecte
      • Sewer InformationPublic Sewer
  • Community and Neighborhood Details
      • School DistrictAddison
      • CountyLenawee
  • Financial Details
      • Original List Price$750,000
      • Days on Market (Cumulative)86
  • Other
      • MLS #24042692

Location

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© MichRIC. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Last Updated: . Source: MichRIC

Listing Courtesy
Listing Agent: Brian Jones-Chance (#e351556)
Listing Office: Jones Chance & Co (#oe425800)

Joseph DarwishRe/Max Platinum
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

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    © MichRIC. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.