$750,000
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9,450 SqFt
SOLD DATE : 02/28/2025
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Sold
Purchase Type For Sale
Square Footage 9,450 sqft
Price per Sqft $59
MLS Listing ID 81024042692
Sold Date 02/28/25
Year Built 1973
Lot Size 0.330 Acres
Acres 0.33
Property Sub-Type MultiFamily
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 Area13013Addisonvlg
Rooms
Basement WalkOutAccess
Interior
Interior Features Storage
Heating HotWater, NaturalGas, OtherHeatingFuel
Cooling WallUnits
Fireplace No
Laundry CommonArea
Exterior
Parking Features Asphalt
Community Features Sidewalks
Utilities Available ElectricityConnected, NaturalGasConnected, PhoneAvailable, PhoneConnected, SewerConnected
View Y/N No
Roof Type Rubber
Building
Lot Description CornerLot
Sewer PublicSewer, SewerAtStreet, StormDrain
Water Public, WateratStreet
New Construction No
Schools
High Schools Addison
School District Addison
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Irish Hills Realty
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