For more information regarding the value of a property, please contact us for a free consultation.
632 Division Street Adrian, MI 49221
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 $132,500
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,780 sqft
Price per Sqft $74
Subdivision Mi
MLS Listing ID 50197905
Sold Date 08/04/26
Style 2 Story
Bedrooms 4
Full Baths 3
Year Built 1900
Annual Tax Amount $3,823
Tax Year 2025
Lot Size 0.270 Acres
Acres 0.27
Lot Dimensions 181x72
Property Sub-Type Multi-Family
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 Adrian (46025)
Zoning Multi-Family,Residential
Rooms
Basement MI Basement
Dining Room Eat-In Kitchen, Pantry
Kitchen Eat-In Kitchen, Pantry
Interior
Interior Features Sump Pump, Window Treatment(s)
Heating Forced Air
Cooling None
Fireplace No
Appliance Range/Oven, Refrigerator
Exterior
Exterior Feature Aluminum
Parking Features Detached Garage
Garage Spaces 1.0
Amenities Available Sidewalks
Building
Lot Description Deep Lot - 150+ Ft., Large Lot - 65+ Ft., Sidewalks
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Aluminum
Schools
School District Adrian City School District
Others
Ownership Private
SqFt Source Estimated
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional,FHA
Read Less
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with Xsell Realty
Nearby Locations
GET MORE INFORMATION