Duplex with Rented
4253 Main Street Brown City, MI 48416
New
4253 Main Street, Brown City, MI, 48416
$150,000
For Sale
$150,000
MULTI_FAMILY - Other - Brown City, MI
Property Size1,792 SF
Lot Size0.11 Acres
Price / SF$83.71
Days on Market5
Property Features for 4253 Main Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Commercial
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 2
- Pets allowed
- Call
- Interior features
- Laundry Facility
- Standard status
- Active
- APN
- 30014000400100
- Size
- 1,792 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Description
- R. G. BROWNS DIV. OF BROWN CITY N 70 FT OF LOT 1 BLK 4
- Tax Annual Amount
- 1900
Utilities
- Heating system
- Baseboard
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1945
- Floors in Building
- 1
- Number of units
- 2
- Building materials
- Brick
- Architectural style
- Other
Listing Agency
Elite Realty
(734) 513-2166
34369 Plymouth Road, Livonia, MI
Listed by
Rebecca Vincent
(734) 513-2166
Added: Jul 14 Checked: Jul 18 at 3:06 am
MLS# 20261054135
Listing URL
Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex features two separately rented units. One side operates as a beauty salon, with fixtures and equipment owned by the salon tenant. The other unit is a two-bedroom, one-bath apartment and includes in-unit laundry.
The property is located at 4253 Main Street in Brown City, MI. The building has been maintained, including a newly installed Duro-Last roof and prior installation of a metal roof on the overhang, along with new soffits.
Current tenants are in place and tenants rights apply to showings and possession.
The property is located at 4253 Main Street in Brown City, MI. The building has been maintained, including a newly installed Duro-Last roof and prior installation of a metal roof on the overhang, along with new soffits.
Current tenants are in place and tenants rights apply to showings and possession.
Key Highlights
- Brick two‑unit building with 2 rented units with long‑term tenants
- One unit currently operating as a beauty salon (fixtures/equipment belong to the salon owner)
- Second unit is a 2‑bedroom, 1‑bath apartment with in‑unit laundry and public water
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $15.3k | $8.52 |
| − Vacancy | −$1.2k | −$0.65 |
| EGI | $14.1k | $7.87 |
| − OpEx | −$4.2k | −$2.36 |
| NOI | $9.9k | $5.51 |
1,792 SF · lease $8.52/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$141.1K
$123.4K – $164.6K
NOI $9,875 @ 7.0% cap · market cap 6.58%
Second Best
Apartment 5plus
$124.4K
$108.8K – $145.1K
NOI $8,705 @ 7.0% cap · market cap 5.80%
Theoretical Best
Office A
$380.6K
$333.0K – $444.0K
NOI $26,641 @ 7.0% cap · market cap 17.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Two-unit building includes a rented beauty salon space and a two-bedroom apartment with in-unit laundry.
Where is this duplex located?
The property is located at 4253 Main Street Brown City, MI.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Brick two‑unit building with 2 rented units with long‑term tenants; One unit currently operating as a beauty salon (fixtures/equipment belong to the salon owner); Second unit is a 2‑bedroom, 1‑bath apartment with in‑unit laundry and public water
