REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 139,900
Est. payment /mo
Active
632 Division Street Adrian, MI 49221
3 Baths
0.27 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Adrian City
Subdivision Adrian City
MLS Listing ID 50197905
Year Built 1900
Lot Size 0.270 Acres
Acres 0.27
Lot Dimensions 181x72
Source MiRealSource
Property Description
Discover a lucrative investment opportunity with this 3-unit multi-family property located in the heart of Adrian. Generating a robust gross rental income of $2,250 per month, this property offers a steady cash flow while tenants cover their own electric bills, enhancing your profit margins. Ideal for seasoned investors or those looking to enter the rental market, this property combines convenience and financial potential in a desirable location. Don't miss your chance to secure this income-generating asset today. Furnace 1 year old.
Location
State MI
County Lenawee
Body of Water None
Rooms
Basement Michigan Basement
Interior
Heating Forced Air
Cooling None
Exterior
View Y/N No
Building
Lot Description Sidewalk
Structure Type Aluminum Siding
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Listed by Foundation Realty, LLC