211 E Main Street
Addison, MI 49220
0.33 acres | #24042692
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)87
Other
- MLS #24042692
Location
Legal
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Last Updated: . Source: MichRIC
Listing Courtesy
Listing Agent: Brian Jones-Chance (#e351556)
Listing Office: Jones Chance & Co (#oe425800)
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.
