$85,000
$100,000
15.0%For more information regarding the value of a property, please contact us for a free consultation.
2 Baths
1,424 SqFt
SOLD DATE : 02/04/2022
Key Details
Sold Price $85,000
Property Type Multi-Family
Sub Type Bungalow
Listing Status Sold
Purchase Type For Sale
Square Footage 1,424 sqft
Price per Sqft $59
Subdivision Assrs 2 - Adrian City
MLS Listing ID 56050042605
Sold Date 02/04/22
Style Bungalow
Full Baths 2
Originating Board Lenawee County Association of REALTORS
Year Built 1903
Annual Tax Amount $1,761
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 47x77
Property Sub-Type Bungalow
Property Description
*1 unit on main level and 1 on upper level. Each unit has 1 bedroom and 1 bath. TENANT pays for all utilities except water and trash. Both units have a high occupancy rate. Rent rates are below average market rates. Totally rehabbed the entire building in 2005, including electrical, plumbing, insulation , drywall, storm windows, painting, carpeting, air conditioning, new furnace and more. We also purchased new appliances in the last 5 years. Total investment at the was $65,000+- Downstairs apartment includes basement space with laundry hookups. Upstairs apartment is soon to be vacant, for owner occupied options.
Location
State MI
County Lenawee
Area Adrian
Zoning Multi-Family
Direction Across the Street from the fire department
Body of Water None
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central Air
Fireplace no
Heat Source Natural Gas
Exterior
Porch Porch
Road Frontage Paved
Garage no
Building
Foundation Basement
Sewer Sewer-Sanitary
Water Municipal Water
Architectural Style Bungalow
Level or Stories 2 Story
Structure Type Wood
Schools
School District Adrian
Others
Pets Allowed Yes
Tax ID XA0210100301
Ownership Short Sale - No,Private Owned
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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