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    319 State

    Adrian City, MI 49221
    • $690,000
    • STATUS: Active
    • ON SITE: 14 days
    • ID#: 543282400
    $690,000
    • 0
      BEDS
    • 0.82
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,000
      SQFT
    • $69
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1953
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    This is a rare opportunity to invest in a 12 unit building that offers 9 two bedroom units and 3 one bedroom units with 2 separate entrances and two separate laundry facilities each offering extra storage for each unit. Every unit has wood flooring most of which is parkay wood flooring that brings the majesty of this building to life. All units have a private screened in patio/porch adding that home feel and extra space. Large living rooms, plenty or cabinetry and counter space in the kitchens, great closet space and easy access to everything that this historic part of Adrian has to offer make this an easy long term investment for anyone looking to build their portfolio and to build generational wealth. The best news is that all tenants are on a month to month lease or have no lease at all so if the rents don't meet your buyers needs then you have breathing room there too and with on site parking for 8 to 10 cars you can beat this one of a kind brick building that is in great condit

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    © 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Keller Williams West Bloomfield are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-07-30T23:56:51.72.
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    319 State Adrian City, MI 49221

    • Price: $690,000
    • Status: Active
    • ID#: 543282400
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.82
    Acres
    10,000
    SQFT
    $69
    $/SQFT
    1953
    Built
    Neighborhood:
    Adrian
    County:
    Lenawee
    Area:
    Adrian
    School District:
    ADRIAN
    Property Description
    This is a rare opportunity to invest in a 12 unit building that offers 9 two bedroom units and 3 one bedroom units with 2 separate entrances and two separate laundry facilities each offering extra storage for each unit. Every unit has wood flooring most of which is parkay wood flooring that brings the majesty of this building to life. All units have a private screened in patio/porch adding that home feel and extra space. Large living rooms, plenty or cabinetry and counter space in the kitchens, great closet space and easy access to everything that this historic part of Adrian has to offer make this an easy long term investment for anyone looking to build their portfolio and to build generational wealth. The best news is that all tenants are on a month to month lease or have no lease at all so if the rents don't meet your buyers needs then you have breathing room there too and with on site parking for 8 to 10 cars you can beat this one of a kind brick building that is in great condit
    Exterior Features

    Foundation Details Slab Parking Total 10 Porch Type Porch - Enclosed Waterfront YN No

    Interior Features

    Basement YN No Baths Total 0.00 Interior Features Laundry Facility Room Count 0 Sq Ft Combined 10000 Sq Ft Lower Floor 0 Sq Ft Source Estimated Sq Ft Total Basement 0 Unit Efficiency Number Of 0 Unit One Bed Number Of 3 Unit Three Bed Number Of 0 Unit Two Bed Number Of 9

    Property Features

    Income Projection Actual Listing Financing CashConventional Monthly Rental Income 7920 Operating Expense 0.00 Ownership Status Private Owned Postal City Adrian Settlement City Tax Amount Summer 7352.0000 Tax Amount Winter 2794.0000 Title Private - Owned Total Tax 10146.0000 Transaction Type Sale Unparsed Address 319 State

    IDX provided courtesy of Realcomp II Ltd., via Century 21 Affiliated and Ann Arbor Area BOR MLS, ©2021 Realcomp II Ltd. Shareholders.


    © 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Keller Williams West Bloomfield are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-07-30T23:56:51.72.
     
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    Farmington Hills MI, 48334