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384 Anderson St Milan, MI 48160
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Key Details
Sold Price $293,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,248 sqft
Price per Sqft $90
MLS Listing ID 543284943
Sold Date 12/22/21
Bedrooms 4
Originating Board Ann Arbor Area Board of REALTORS®
Year Built 1969
Annual Tax Amount $5,127
Lot Size 0.410 Acres
Acres 0.41
Lot Dimensions 100x180
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!
Location
State MI
County Monroe
Area Milan (Monroe County)
Direction One block north of Redman on west side.
Exterior
Garage Spaces 8.0
Pool No
Building
Foundation Slab
Schools
School District Milan
Others
Pets Allowed Yes
Tax ID 5306001900
Ownership Private Owned
SqFt Source Tax Record
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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