Adrian, MI 49221,561 S Main
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Adrian, MI 49221,561 S Main
Adrian, MI 49221,561 S Main
Adrian, MI 49221,561 S Main
Adrian, MI 49221,561 S Main

$175,000

Est. payment /mo

$184,900

5.4%
Est.Price: ?

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561 S Main Adrian, MI 49221

3 Baths

7,840 Sqft Lot

SOLD DATE : 01/17/2025

Key Details

Sold Price $175,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Municipality Adrian City

Subdivision Adrian City

MLS Listing ID 50158408

Sold Date 01/17/25

Originating Board MiRealSource

Year Built 1870

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 45x162

Property Description

A fantastic investment opportunity in Adrian! This well-maintained triplex features three rental units with separate utilities and a strong rental history. Ideal for investors looking to generate income immediately. All 3 single units occupied generating $2500 p/month in rent. Modern upgrades and stylish finishes in the upper unit, making it highly desirable for tenants. Includes a 2-car detached garage with ample additional parking space. Recently painted within the last few years, enhancing the curb appeal and reducing maintenance. This triplex is a fantastic opportunity for investors looking to acquire a solid, income-generating property.

Location

State MI

County Lenawee

Area Lenawee County - Y

Direction E

Body of Water None

Rooms

Basement Full

Interior

Heating Forced Air

Exterior

View Y/N No

Building

Structure Type Brick,Wood Siding

Others

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

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Listed by Howard Hanna Real Estate Services-Adrian
agent

Neil Hackler

Real Estate Advisor | License ID: 167138

+1(773) 677-3479

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