Homes for sale - 561 S Main Street, Adrian, MI 49221

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Corbin Gearhart

corbin@fullcircleregroup.com +1(517) 282-7166

$ 184,900

Est. payment -/mo

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Price Dropped by $5K

561 S Main Street Adrian, MI 49221

3 Baths

1,942 SqFt

UPDATED:

11/13/2024 09:38 PM

Key Details

Property Type Multi-Family

Sub Type Conventional

Listing Status Active

Purchase Type For Sale

Square Footage 1,942 sqft

Price per Sqft $95

Subdivision Merrick / S Dennis / State

MLS Listing ID 56050158408

Style Conventional

Full Baths 3

Originating Board Lenawee County Association of REALTORS®

Year Built 1870

Annual Tax Amount $3,355

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 45x162

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

Interior Features Other

Hot Water Natural Gas

Heating Forced Air, Separate Meters

Cooling Ceiling Fan(s)

Fireplace no

Heat Source Natural Gas

Exterior

Waterfront no

Garage no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Conventional

Level or Stories 2 Story

Structure Type Wood

Schools

School District Adrian

Others

Pets Allowed Yes

Tax ID XA0320000500

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

Listed by Khrys Gould of Howard Hanna Real Estate Services-Adrian

Corbin Gearhart

+1(517) 282-7166

Corbin Gearhart

561 S Main Street Adrian, MI 49221

Key Details

Location

Interior

Exterior

Building

Schools

Others

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561 S Main Street