HOUSEHUNT

211 E MAIN ST
ADDISON Township, MI 49220

0
bed
0
bath
$475,000
price

211 E MAIN ST
ADDISON Township, MI 49220

0
bed
0
bath
$475,000
price
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Community Specialist
Willowdale Realty & Dev Co
MI#236676
248-866-6825
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Description
Turn key investment property with very low vacancy rate. Popular location across the street from addison high school. Ten 2 bedroom apartments and one efficiency apartment. The 2 bedrooms rent ranges from $510 to $550 a month. The efficiency rents for $365 a month. Cap rate of 8. 27% with room to grow.
Key Details
Bedrooms: 0
Bathrooms: 0
Sq. Ft.: 3,150
Lot Size: 0.3300 Acres
Property Type: Land
Features
Gas Heating
Laminate
Two+ Story
Wall to Wall Carpet
Listing Agent: BEN LATOCKI
Broker: PRODUCTION REALTY Broker Phone: 5178794141
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Down Payment Amount
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Mortgage Payment$23,416.34
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Neighborhood Info
ADDISON Township - 49220
The vacancy rate of homes in 49220 is 22.91% with 63.36% of homes being owner-occupied. The median household income in 49220 is $45,881 per year with those between 45 and 64 having the highest median income at $62,420.
Schools Near 211 E MAIN ST ADDISON Township, MI 49220
Rating School Name Type Grade Distance
3
Addison Elementary School Public K-5 0.11 mi
2
Addison High School Public 9-12 0.11 mi
2
Addison Middle School Public 6-8 0.11 mi

More schools in ADDISON Township
Neighborhood Demographic
Demographic in ADDISON Township - 49220
$45,881
Median Income
2.440
Avg Household Size
46.53
Median Age
29%
White Collars
41%
College Grad
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