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211 E Main St, ADDISON, MI

$475,000 - $475k Price - 3,150 Sqft - .33 Acres

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

For 211 E Main St, ADDISON, MI
  • MLS® # 55201903866
  • Price $475,000
  • Bathrooms 0.00
  • Total Sq. Ft 3,150
  • Acres 0.33
  • Year Built 1973
  • Type Multifamily
  • Status Active

Community Information

For 211 E Main St, ADDISON, MI
  • Address 211 E Main St
  • Subdivision 2000 COMMERCIAL ROLLIN
  • City ADDISON
  • County Lenawee
  • State MI
  • Zip Code 49220

Amenities

For 211 E Main St, ADDISON, MI
  • Parking Paved

Interior

For 211 E Main St, ADDISON, MI
  • Cooling Window Unit

School Information

For 211 E Main St, ADDISON, MI
  • District Addison

Listing Details

For 211 E Main St, ADDISON, MI
  • Office PRODUCTION REALTY

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