260 W Unadilla St Pinckney, MI 48169

Building Details

Year Built

1970

Listing agency Preferred, Realtors Ltd s***@jeff-packer.com Show Phone

Listed by Jeffrey Packer Show Phone

Source Elliman

Added: Mar 24 Updated: Jul 6 at 12:35PM Checked: Jul 19 at 5:30AM

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Investment Insights

Based on property information with market context.

This multifamily property in the Village of Pinckney presents an investment opportunity. It comprises five units, including three units with two bedrooms and one bathroom each, and two units with two bedrooms and one and a half bathrooms each. All units have garages. Flooring in two of the units was updated in 2024. The property is currently operating at a 5% cap rate, with potential for increased income based on current leases being renewed at $1250 per month. This property is intended for investment purposes.

Key Highlights

• Great income opportunity in the Village of Pinckney.
• Currently operating at a 5% cap rate.
• Room for improvement on cap rate with lease renewals at $1250/mo.

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FAQs

What type of property is this?

Apartment building - Five-unit multifamily property in Pinckney, Michigan with income potential.

Where is this apartment building located?

The property is located at 260 W Unadilla St Pinckney, MI.

What is the asking price?

The asking price for this property is $799,900.

What are key features of this property?

This property features: Great income opportunity in the Village of Pinckney.; Currently operating at a 5% cap rate.; Room for improvement on cap rate with lease renewals at $1250/mo.