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Income-Producing Triplex on Large Lot

4987 E M 36 Hamburg Twp, MI 48169

4987 E M 36, Hamburg Twp, MI, 48169

$395,000

For Sale

$395,000

MULTI_FAMILY - Ranch - Hamburg Twp, MI

Property Size1,200 SF

Lot Size1.50 Acres

Price / SF$329.17

AddedMay 8

Days on Market68

Last RefreshJul 14 at 12:06 pm

Property Features for 4987 E M 36

General Information

Property type: Residential Multi Family
Property subtype: Single Family Residence
Zoning: Multi-Family
Bedrooms: 5
Bathrooms: 3
Rooms: Bedroom 1, Bedroom 3, Bedroom 4, Basement, Bathroom 2, Bathroom 3, Bedroom 2, Bathroom 1, Bedroom 5
Pets allowed: Yes
Interior features: Cable Available, Circuit Breakers
Standard status: Active
APN: 1521200045
Size: 1,200 SF
Lot size: 1.50 Acres

Taxes and HOA fees

Tax Description: SEC 21 T1N R5E COM E 1/4 COR OF SEC TH N 01*56'E 252.90 FT FOR POB TH N 78*38'W ALG N LN M36 HWY 200 FT TH N 11*22'E 261.68 FT TO PT B TH CONT N 11*22'E 38 FT TO EDGE OF MARSH TH NELY NWLY & SELY ALONG EDGE OF SD MARSH 340 FT TO PT TH S 01*56'W ALG E LN SD SEC 6 FT TO PT C SD PT LIES N 59*51'E 111.32 FT & N 52*13' E 78.23 FT ALG TRAV LN FROM SD PT B TH S 01*56'W ALG SD E LN 400 FT TO POB 1.5 AC SPLIT FROM 005 12-28-83
Tax Annual Amount: 3823

Utilities

Sewer type: Septic Tank
Heating system: Forced Air
Cooling system: Ceiling Fan(s)
Water source: Well

Building Details

Year built: 1964
Floors in Building: 1
Number of units: 3
Building materials: Vinyl
Roof type: Asphalt
Architectural style: Ranch

Listing agent Nick Coppola

Listing office EXP Realty Main 39555 Orchard Hill Place Ste 600, Royal Oak, MI

Listing date May 8, 2026

MLS# 20261032287 Listing URL

Investment Insights

Based on property information with market context.

This income-producing 3-unit multi-family triplex is positioned on 1.50 acres with 212 feet of road frontage. It offers an exceptional opportunity for investors seeking immediate upside potential and long-term growth. Possible expansion opportunities are available, subject to approval from Hamburg Township. The property has been consistently occupied by long-term tenants, with current rents significantly below market value, creating an excellent value-add opportunity for increased cash flow. The building features two spacious two-bedroom units and one one-bedroom unit. Tenants currently pay for gas, electric, cable, and internet, while the owner maintains the water softener system. A new owner may choose to bill tenants for water usage to further improve net operating income. All units include landlord-owned appliances, including stoves and refrigerators. The basement offers additional income potential with space to install coin-operated laundry facilities. Current occupancy includes two month-to-month leased units, while Unit 3 (Basement) is vacant and ready for updates, allowing an investor to renovate and lease at current market rates. The attached 2-car garage is also vacant and could provide additional rental income opportunities. Located just minutes from Brighton, Howell, Dexter, and Ann Arbor, residents enjoy convenient access to shopping, dining, recreation, and major highways while still experiencing the charm and appeal of the Pinckney area. The property size is 1200 square feet.

Key Highlights

1.50‑acre property with 212 ft of road frontage
Income‑producing 3‑unit triplex: (2) two‑bedroom units and (1) one‑bedroom unit
Well water and septic tank; new owner may choose to bill tenants for water usage

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

For sale
Triplexes
MI
Hamburg Twp
48169
4987 E M 36

What type of property is this?

Triplex - Multi-family triplex on 1.5 acres near Brighton, Howell.

Where is this triplex located?

The property is located at 4987 E M 36 Hamburg Twp, MI.

What is the asking price?

The asking price for this property is $395,000.

What are key features of this property?

This property features: 1.50‑acre property with 212 ft of road frontage; Income‑producing 3‑unit triplex: (2) two‑bedroom units and (1) one‑bedroom unit; Well water and septic tank; new owner may choose to bill tenants for water usage