For more information regarding the value of a property, please contact us for a free consultation.
211 E MAIN ST Addison Vlg, MI 49220
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $475,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision 2000 Commercial Rollin
MLS Listing ID 55021034765
Sold Date 03/15/21
Bedrooms 8
Year Built 1973
Annual Tax Amount $6,585
Lot Size 0.330 Acres
Acres 0.33
Lot Dimensions .333
Source Jackson Area Association of REALTORS®
Property Description
Turn key investment property with very low vacancy rate. Popular location across from Addison High School. Great walk-ability to all Addison has to offer. 11 unit building offers ten 2 bedroom apartments and one efficiency apartment. Average monthly rent is $550/m with one efficiency apartment at $365 a month. Excellent cap rate, with room to increase income. Property has below average vacancy rates and has been 100% occupied since 2018.
Location
State MI
County Lenawee
Area Addison Vlg
Direction E Main and S Jackson St
Body of Water None
Rooms
Basement Walk-Out Access
Interior
Heating Space Heater
Fireplace no
Heat Source Natural Gas
Exterior
Road Frontage Paved, Pub. Sidewalk
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Schools
School District Addison
Others
Pets Allowed Yes
Tax ID RL1451003000
SqFt Source Assessors
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Read Less
©2025 Realcomp II Ltd. Shareholders
Bought with NON-MEMBER REALTOR 'SOLD'