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632 Division ST Adrian, MI 49221
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Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Sold
Purchase Type For Sale
Square Footage 1,780 sqft
Price per Sqft $74
MLS Listing ID 56050197905
Sold Date 08/04/26
Style Farmhouse
Bedrooms 4
Full Baths 3
Year Built 1900
Lot Size 0.270 Acres
Acres 0.27
Property Sub-Type MultiFamily
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 Area13092Adrian
Rooms
Basement Sump Pump
Interior
Interior Features EatInKitchen, Pantry
Heating Forced Air, Natural Gas
Cooling None
Fireplace No
Exterior
Parking Features OneCarGarage, Assigned2Spaces, Detached, Unassigned
Garage Spaces 1.0
Fence Fenced
Community Features Sidewalks
View Y/N No
Building
Foundation Basement, MichiganBasement
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Adrian
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition ShortSaleNo, Standard
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Bought with Xsell Realty
NEARBY SCHOOLS & BUSINESSES
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