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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 Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,942 sqft
Price per Sqft $90
Subdivision Mi
MLS Listing ID 50158408
Sold Date 01/17/25
Style 2 Story
Bedrooms 3
Full Baths 3
Year Built 1870
Annual Tax Amount $3,355
Tax Year 2023
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 45x162
Property Sub-Type Multi-Family
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 (46025)
Rooms
Basement Full, Brick
Dining Room Eat-In Kitchen
Kitchen Eat-In Kitchen
Interior
Heating Forced Air
Cooling Ceiling Fan(s)
Fireplace No
Appliance Dryer, Microwave, Range/Oven, Refrigerator, Washer
Exterior
Exterior Feature Wood
Parking Features Detached Garage
Garage Spaces 2.0
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 Conventional
Listing Terms Conventional
Financing Cash,Conventional,FHA
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Bought with Howard Hanna Real Estate Services-Adrian