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211 E Main Street
$560,000

211 E Main Street
Addison, Michigan 49220

Closed / MLS #24042692 / Multiple Family / Addison
Listing information updated 3/11/2025 at 4:02pm
Turn-key investment with low vacancy rate. Popular location across from Addison High School. 11 unit building offers ten 2 bedroom apartments and one 1 bedroom apartment. Monthly rent is $800-$850 per month for remodeled units and $650 per month for older units. 1 bedroom rents for $650 per month. Excellent building, with room to increase NOI.
Exterior Type:
Brick
Basement:
Walk-Out Access
Water Front:
No
Square Feet:
N/A
Lot Size:
0.33 Acres
Acreage:
0.33
Built:
1973
Parking Spaces:
15
Cooling System:
Wall Unit(s)
Roof:
Rubber
Current Net Income:
$71,200
Tax Amount:
$7,631
Tax Year:
2023
Zip Code:
49220
City:
Addison
County:
Lenawee

Listing Office: Jones Chance & Co

Listing Office Phone: 734.785.1505

Disclaimer: The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of SWMRIC, LLC. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers.

$449,266
Average Sale Price
41
Average Days On The Market
96%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 211 E Main Street, Addison, MI 49220
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211 E Main Street, Addison, MI 49220 is a multiple family which sold for $560,000. This multiple family has been listed on @properties Christie's International Real Estate since September 25th, 2024 and was built in 1973.

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