Adrian, MI 49221,632 Division Street
Adrian, MI 49221,632 Division Street
Adrian, MI 49221,632 Division Street
Adrian, MI 49221,632 Division Street
Adrian, MI 49221,632 Division Street
Adrian, MI 49221,632 Division Street
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Shannon Bagdonas

Shannon Bagdonas

+1(313) 766-8387
$ 139,900
Est. payment | /mo

4 Beds

3 Baths

1,780 SqFt

Save
$ 139,900
Est. payment | /mo
Save

4 Beds

3 Baths

1,780 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,780 sqft

Price per Sqft $78

Subdivision Mi

MLS Listing ID 50197905

Style 2 Story

Bedrooms 4

Full Baths 3

Year Built 1900

Annual Tax Amount $3,823

Tax Year 2025

Lot Size 0.270 Acres

Acres 0.27

Lot Dimensions 181x72

Property Sub-Type Multi-Family

Property Description

Discover a lucrative investment opportunity with this 3-unit multi-family property located in the heart of Adrian. Generating a robust gross rental income of $2,250 per month, this property offers a steady cash flow while tenants cover their own electric bills, enhancing your profit margins. Ideal for seasoned investors or those looking to enter the rental market, this property combines convenience and financial potential in a desirable location. Don't miss your chance to secure this income-generating asset today. Furnace 1 year old.

Location

State MI

County Lenawee

Area Adrian (46025)

Zoning Multi-Family,Residential

Rooms

Basement MI Basement

Dining Room Eat-In Kitchen, Pantry

Kitchen Eat-In Kitchen, Pantry

Interior

Interior Features Sump Pump, Window Treatment(s)

Heating Forced Air

Cooling None

Fireplace No

Appliance Range/Oven, Refrigerator

Exterior

Exterior Feature Aluminum

Parking Features Detached Garage

Garage Spaces 1.0

Amenities Available Sidewalks

Building

Lot Description Deep Lot - 150+ Ft., Large Lot - 65+ Ft., Sidewalks

Story 2 Story

Foundation Basement

Water Public Water

Structure Type Aluminum

Schools

School District Adrian City School District

Others

Ownership Private

SqFt Source Estimated

Energy Description Natural Gas

Financing Cash,Conventional,FHA

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Foundation Realty, LLC

Schools and Properties Nearby

SCHOOLSPROPERTIES
Elementary Schools 12
  • 5

    Madison Elementary School

    Public | PK - 5

  • 4

    Prairie Elementary School

    Public | PK - 6

  • 4

    Alexander Elementary School

    Public | KG - 5

  • 3

    Lincoln Elementary School

    Public | KG - 4

  • 3

    Michener Elementary School

    Public | PK - 5

  • 0

    Lenawee Christian School

    Private | PK - 12

  • 0

    Stoneridge Christian School

    Private | KG - 8

  • 0

    St Stephen Lutheran School

    Private | KG - 8

  • 0

    Montessori Children's House of Lenawee

    Private | PK - KG

  • 0

    Berean Baptist Academy

    Private | 1 - 11

  • 0

    Adrian Middle School 5/6 Building

    Public | 5 - 7

  • 0

    Adrian Adult and Alternative Education

    Public | 3 - 12

Middle Schools 3
  • 7

    Madison Middle School

    Public | 6 - 8

  • 5

    Springbrook Middle School

    Public | 6 - 8

  • 0

    Maurice Spear Campus

    Public | 6 - 12

High Schools 3
  • 8

    Jcc/Lisd Academy: a Regional Middle College

    Public | 9 - 12

  • 5

    Adrian High School

    Public | 9 - 12

  • 5

    Madison High School

    Public | 9 - 12

School and business data provided by Attom Data.
Shannon Bagdonas

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(313) 766-8387

soldbyshannonb@outlook.com

6838 Park Ave, Allen Park, MI, 48101-2036, USA

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632 Division Street