632 Division St Adrian, MI 49221

Building Details

Year Built

1900

Listing agency Foundation Realty c***@yahoo.com Show Phone

Listed by Adam Keller · License #lcar Show Phone

Source Elliman

Added: Apr 24 Updated: Jul 10 at 1:19PM Checked: Jul 21 at 4:59AM

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Investment Insights

Based on property information with market context.

This three-unit multi-family property is located in Adrian and generates a gross rental income of $2,250 per month. Tenants are responsible for their own electric bills. The property is suitable for investors seeking a rental income opportunity. The furnace is one year old. The location has a walk score of 71, indicating it is very walkable, and a bike score of 48, indicating it is somewhat bikeable.

Key Highlights

• Generates $2,250 per month in gross rental income.
• Tenants pay their own electric bills, increasing profit margins.
• Located in a desirable location within Adrian.

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FAQs

What type of property is this?

Triplex - Three-unit property in Adrian generating $2,250 monthly income.

Where is this triplex located?

The property is located at 632 Division St Adrian, MI.

What is the asking price?

The asking price for this property is $139,900.

What are key features of this property?

This property features: Generates $2,250 per month in gross rental income.; Tenants pay their own electric bills, increasing profit margins.; Located in a desirable location within Adrian.