Estimated Value: $137,000 - $183,000
Profitable duplex fully leased, separate utilities, ample parking plus a 2-car garage, 2 driveways! Well maintained and the upstairs recently renovated. Two, 2-bedroom, 1-bath units. Main floor unit with washer and dryer, forced air furnace. Second floor unit with electric baseboard heat, newer windows, new flooring and fresh paint. Full basement with washer and dryer. West side Adrian Convenient location!
Last Agent to Sell the Property
Howard Hanna Real Estate Services-Tecumseh License #LCAR-6501295684 Listed on: 04/29/2022
Home Type
Est. Annual Taxes
Year Built
Lot Details
Parking
Home Design
Interior Spaces
Bedrooms and Bathrooms
Laundry
Utilities
Community Details
Listing and Financial Details
$161,000
Duplex in the heart of Adrian. Unit 1: 3 bedrooms, 1 bathroom, Beautiful hardwood floors and woodwork throughout. Updated kitchen. Unit 2 (rented monthly): 2 bedrooms, 1 bathroom. Additional Features: over 2200 square feet of living space, Private porches for each unit, Detached 2-car garage, Newer roof and hot water heater. Ideal for generating rental income of offsetting your mortgage,
Mike Knox Xsell Realty
$149,900
Great Income potential. Lower unit has 1 bedroom, Upper unit has 2 to 3 bedrooms with bonus space on 3rd floor. Each Unit has a full bath, Live in one and rent the other. Extra deep lot with 2 car detached garage. Separated Electric, Gas, Heat.
Mike Knox Xsell Realty
$117,500
Currently a duplex but can easily be a 3 unit. 3rd unit would have to be approved by the city of Adrian. The other 2 units were certified in 2023. Could be a great income producer.
Marcia Randall Foundation Realty, LLC
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Swanee Investments Llc | $13,250 | Multiple | |
| Federal Home Loan Mortgage Corp | $109,456 | None Available | |
| Lucas Shannon | $102,000 | None Available | |
| Kastel Larry | $80,000 | American Title Insurance Co |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Anderson Mark | $107,884 | |
| Previous Owner | Lucas Shannon | $96,000 | |
| Previous Owner | Lucas Shannon | $18,000 | |
| Previous Owner | Lucas Shannon | $101,200 | |
| Previous Owner | Kastel Larry | $101,200 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2022 08/08/22 | Sold | $103,000 | -5.5% | $56 / Sq Ft |
| 08/08/2022 08/08/22 | Pending | -- | -- | -- |
| 04/29/2022 04/29/22 | For Sale | $109,000 | -- | $59 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,401 | $68,100 | $0 | $0 |
| 2023 | $3,926 | $63,100 | $0 | $0 |
| 2022 | $2,376 | $59,100 | $0 | $0 |
| 2021 | $2,334 | $54,500 | $0 | $0 |
| 2020 | $2,319 | $49,500 | $0 | $0 |
| 2019 | $105,775 | $47,200 | $0 | $0 |
| 2018 | $2,236 | $55,829 | $0 | $0 |
| 2017 | $2,172 | $44,604 | $0 | $0 |
| 2016 | $2,155 | $40,872 | $0 | $0 |
| 2014 | -- | $35,700 | $0 | $0 |
Seller's Agent in 2022
Kay Buenaflor Prong
Howard Hanna Real Estate Services-Tecumseh
(517) 403-3390
22 in this area
329 Total Sales
Buyer's Agent in 2022
Sam Cepida
Foundation Realty, LLC-Tecumseh
(517) 424-4444
10 in this area
74 Total Sales
Source: Michigan Multiple Listing Service
MLS Number: 50072346
APN: XA0-220-3022-00
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Source MLS: MiRealSource
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