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211 E Main St, ADDISON, MI – $475,000

  • $475k Price
  • 3,150 Sqft
  • .33 Acres
  • $475k Price
  • 3,150 Sqft
  • .33 Acres

211 E Main St

Turn key investment property with very low vacancy rate. Popular location across the street from Addison High School. Ten 2 bedroom apartments and one efficiency apartment. The 2 bedrooms rent ranges from $510 to $550 a month. The efficiency rents for $365 a month. Cap rate of 8.27% with room to grow.

Essential Information

  • MLS® #55201903866
  • Price$475,000
  • Bathrooms0.00
  • Above Grade Sq. Ft3,150
  • Acres0.33
  • Year Built1973
  • TypeMultifamily
  • StatusActive

Community Information

  • Address211 E Main St
  • Subdivision2000 COMMERCIAL ROLLIN
  • CityADDISON
  • CountyLenawee
  • StateMI
  • Zip Code49220

Amenities

  • ParkingPaved

Interior

  • CoolingWindow Unit

School Information

  • DistrictAddison

Listing Details

  • OfficePRODUCTION REALTY
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