Adrian Multi-Family Investment
632 Division St Adrian, MI 49221
For Sale
$139,900
Pending
Three-unit property in Adrian generating $2,250 monthly income.
Days on Market97
Property Features for 632 Division St
General Information
Standard status
Pending
Property subtype
Investment
Building Details
Year Built
1900
Listing Agency:
Foundation Realty
(419) 343-0249
Listed By:
Adam Keller · License #lcar
(419) 343-0249
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 23 at 10:28AM
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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.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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.