384 Anderson, Milan, Michigan 48160

$325,000
3,248
SqFt
List Price
$325,000
Ownership
Private Owned
MLS#
543284943
Status
PENDING

Property Description

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!

Additional Information

Summer Taxes
3948
Winter Taxes
1179
Year Built
1969
No 1 Bedrooms
1
No 2 Bedrooms
3
Acres
0.41
Acres
0.41
School District
Milan

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Real Estate One.

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