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561 S Main Street Adrian, MI 49221
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Key Details
Sold Price $175,000
Property Type Multi-Family
Sub Type Conventional
Listing Status Sold
Purchase Type For Sale
Square Footage 1,942 sqft
Price per Sqft $90
Subdivision Merrick / S Dennis / State
MLS Listing ID 56050158408
Style Conventional
Full Baths 3
Year Built 1870
Annual Tax Amount $3,355
Lot Size 7,840 Sqft
Property Description
A fantastic investment opportunity in Adrian! This well-maintained triplex features three rental units with separate utilities and a strong rental history. Ideal for investors looking to generate income immediately. All 3 single units occupied generating $2500 p/month in rent. Modern upgrades and stylish finishes in the upper unit, making it highly desirable for tenants. Includes a 2-car detached garage with ample additional parking space. Recently painted within the last few years, enhancing the curb appeal and reducing maintenance. This triplex is a fantastic opportunity for investors looking to acquire a solid, income-generating property.
Location
State MI
County Lenawee
Area Adrian
Interior
Hot Water Natural Gas
Heating Forced Air, Separate Meters
Cooling Ceiling Fan(s)
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Wood
Schools
School District Adrian
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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Bought with Howard Hanna Real Estate Services-Adrian