This well maintained 3 unit multi family home presents a fantastic opportunity for both seasoned investors and those looking to start their real estate portfolio. The property features a desirable unit mix, offering excellent income potential.
Home Type
Est. Annual Taxes
Year Built
Lot Details
Parking
Home Design
Kitchen
Bedrooms and Bathrooms
Utilities
Community Details
Listing and Financial Details
$224,500
Great investment property, 3 units ready for occupancy, improvements include kitchens, bathrooms, flooring, appliances, replacement windows. Large front porch perfect for relaxing on a summer evening. Pretty much maintenance free exterior with vinyl siding. Walk to downtown Adrian.
John Decker Welles Bowen Gio Realty Inc. - Lambertville
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Foreclosure Deed | $3,570 | None Available | |
| Warranty Deed | $100,000 | American Title Insurance Co |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $184,123 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $167,500 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $135,000 | Future Advance Clause Open End Mortgage |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2025 03/31/25 | Sold | $245,000 | 0.0% | $95 / Sq Ft |
| 02/17/2025 02/17/25 | Pending | -- | -- | -- |
| 02/12/2025 02/12/25 | For Sale | $245,000 | -- | $95 / 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 | $2,569 | $74,700 | $0 | $0 |
| 2023 | $3,946 | $54,200 | $0 | $0 |
| 2022 | $4,337 | $48,700 | $0 | $0 |
| 2021 | $2,590 | $44,900 | $0 | $0 |
| 2020 | $2,578 | $38,900 | $0 | $0 |
| 2019 | $129,763 | $45,800 | $0 | $0 |
| 2018 | $2,879 | $52,085 | $0 | $0 |
| 2017 | $2,928 | $46,486 | $0 | $0 |
| 2016 | $2,787 | $44,510 | $0 | $0 |
| 2014 | -- | $41,900 | $0 | $0 |
Source: Michigan Multiple Listing Service
MLS Number: 50166401
APN: XA0-275-0007-02
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Source MLS: MiRealSource
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