Highest and best due by 6:00pm Tuesday November 16. Rare four unit income property in Milan. Built in 1969, always fully occupied quadraplex features three two-bedroom units and one one-bedroom unit. Large building contains over 3200 square feet that allows for very spacious units with generous sized living areas. All brick construction with distinctive mansard roof. Common entrance; 100% electric including heat and cooking is tenant paid. Tenant also pays cable and phone. Owner pays structure insurance, maintenance, taxes, water and sewer. Plenty of tenant parking. Three units occupied; current leases are well under market and are month to month. Great high visibility nicely landscaped .41 acre lot in a quiet neighborhood, within walking distance to Milan School campus. Would make a great addition to your portfolio and is a great candidate for a 1031 exchange. Not too often do quadraplexes become available, so call today!
Listing courtesy of Real Estate One.
IDX provided courtesy of Realcomp II Ltd., via Real Estate Company and Ann Arbor Area Board of REALTORS®. Copyright 2021 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.