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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,424 sqft
Price per Sqft $59
Subdivision Mi
MLS Listing ID 50042605
Sold Date 02/04/22
Style 2 Story
Bedrooms 2
Full Baths 2
Year Built 1903
Annual Tax Amount $1,761
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 47x77
Property Description
*1 unit on main level and 1 on upper level. Each unit has 1 bedroom and 1 bath. TENANT pays for all utilities except water and trash. Both units have a high occupancy rate. Rent rates are below average market rates. Totally rehabbed the entire building in 2005, including electrical, plumbing, insulation , drywall, storm windows, painting, carpeting, air conditioning, new furnace and more. We also purchased new appliances in the last 5 years. Total investment at the was $65,000+- Â Downstairs apartment includes basement space with laundry hookups. Upstairs apartment is soon to be vacant, for owner occupied options.
Location
State MI
County Lenawee
Area Adrian (46025)
Zoning Multi-Family
Rooms
Basement Block
Interior
Heating Forced Air
Cooling Central A/C
Fireplace No
Appliance Range/Oven, Refrigerator
Exterior
Exterior Feature Wood
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Wood
Schools
School District Adrian City School District
Others
Ownership Private
SqFt Source Estimated
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Conventional
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with RE/MAX Main Street Realty