211 E Main Street $750,000

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    211 E Main Street Addison, MI 49220

    • 0 Beds
    • 0 Baths
    • Multi-Family
    • MLS# 24042692
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    Views: 8 Days On Site: 100

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    Property Details

    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.

    • General Features
      • Year Built 1973
      • Property Sub Type 5+ Units
      • County Or Parish Lenawee
      • New Construction Y/N false
      • Tax Annual Amount 7631.0
    • Building Features
      • Cooling Wall Unit(s)
      • Cooling Yn true
      • Construction Materials Brick
      • Heating Hot Water
      • Heating Y/N true
      • Number Of Units Total 11
      • Roof Rubber
      • Bathrooms 0
      • Basement Walk Out
      • Parking Total 15.0
    • Property Features
      • Lot Features Sidewalk
      • Number Of Buildings 1
      • Lot Size Area 0.33
      • Lot Size Acres 0.33
      • Utilities Natural Gas Connected, Broadband
      • Waterfront Y/N false
    • Schools
      • High School District Addison

    Neighborhood

    49220 (Addison) Demographics

    40 Median Age
    88 Population Density (per sq. mile)
    32% College Educated
    $50,994 Estimated Median Income
    844 Estimated Total Home Owners
    191 Estimated Total Renters
    82% / 18% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    2,513 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $300,000 Median Sales Price
    1 Homes Sold
    4 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $750,000
        9/25/2024 6:14:26 PM Status Changed Source: Multiple Listing Service New Value: Active
        8/28/2024 3:14:34 PM Status Changed Source: Multiple Listing Service New Value: Pending
        8/15/2024 3:15:00 PM New in Database Source: Multiple Listing Service New Value: $750,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.