$188,000
$205,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
504-506 State Adrian, MI 49221
3 Baths
2,728 SqFt
Key Details
Sold Price $188,000
Property Type Multi-Family
Sub Type Bungalow
Listing Status Sold
Purchase Type For Sale
Square Footage 2,728 sqft
Price per Sqft $68
Subdivision Berrys Southern Addition/ Historic
MLS Listing ID 56050118288
Sold Date 01/22/24
Style Bungalow
Full Baths 3
Originating Board Lenawee County Association of REALTORS®
Year Built 1900
Annual Tax Amount $3,820
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 66x80
Property Description
RARE INCOME PRODUCING OPPORTUNITY!! 2 homes on one property, with 3 rental units, that are all City Certified. The home at 506 State St. is a single family home, with 2 bdrms, and 1 bath, The house next door at 504 State St has 2 one bedroom 1 bath apartments. Both homes are very well maintained, and cared for, with separate utilities. Currently, all units are rented. State St. is a very beautified and Historical area of Adrian. The surrounding homes are all impeccably maintained. Seller pays for Water, Sewer, and Trash, approx. 240.00 per month, now included in summer taxes, and not billed monthly. Properties cannot be split. All leases are month to month.
Location
State MI
County Lenawee
Area Adrian
Zoning Multi-Family
Interior
Interior Features High Spd Internet Avail
Heating Forced Air, Separate Meters
Fireplace no
Heat Source Natural Gas
Exterior
Waterfront no
Road Frontage Paved
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Bungalow
Level or Stories 1 1/2 Story
Structure Type Vinyl,Wood
Schools
School District Adrian
Others
Pets Allowed Yes
Tax ID XAO400802200
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with Howard Hanna Real Estate Services-Adrian