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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,006 sqft
Price per Sqft $50
Subdivision Mi
MLS Listing ID 50026860
Sold Date 02/09/21
Style 2 Story
Bedrooms 7
Full Baths 3
Half Baths 2
Year Built 1925
Annual Tax Amount $2,986
Tax Year 2020
Lot Size 17.000 Acres
Acres 17.0
Lot Dimensions 70x104
Property Sub-Type Multi-Family
Property Description
This Tri-Plex is ready to go! Market rents reflect a positive cash flow. Tenants rights prevail with closing. Many updates [too numerous to mention] since 1989 when the owners purchased this property. Close Adrian College and downtown Adrian. Prior to becoming a multi-family property, it was a neighborhood grocery store. Landlord pays the water and the tenants pay electric and gas which are separate. Lower level laundry hook-ups are available.
Location
State MI
County Lenawee
Area Adrian (46025)
Zoning Mixed Use,Residential
Rooms
Basement Common
Dining Room Eat-In Kitchen
Kitchen Eat-In Kitchen
Interior
Heating Forced Air
Cooling None
Fireplace No
Appliance Range/Oven, Refrigerator
Exterior
Exterior Feature Other
Building
Lot Description Sidewalks
Story 2 Story
Foundation Basement, Crawl
Water Public Water
Structure Type Other
Schools
School District Adrian City School District
Others
Ownership Private
SqFt Source Assessors Data
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with Trillium Real Estate