A fantastic investment opportunity in Adrian! This well-maintained triplex features three rental units with separate utilities and a strong rental history. Ideal for investors looking to generate income immediately. All 3 single units occupied generating $2500 p/month in rent. Modern upgrades and stylish finishes in the upper unit, making it highly desirable for tenants. Includes a 2-car detached garage with ample additional parking space. Recently painted within the last few years, enhancing the curb appeal and reducing maintenance. This triplex is a fantastic opportunity for investors looking to acquire a solid, income-generating property.
Last Agent to Sell the Property
Howard Hanna Real Estate Services-Adrian License #LCAR-6501418062 Listed on: 10/15/2024
Last Buyer's Agent
Howard Hanna Real Estate Services-Adrian License #LCAR-6501418062 Listed on: 10/15/2024
$210,000
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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $65,000 | Unknown |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/17/2025 01/17/25 | Sold | $175,000 | -5.4% | $90 / Sq Ft |
| 01/14/2025 01/14/25 | Pending | -- | -- | -- |
| 11/10/2024 11/10/24 | Price Changed | $184,900 | -2.6% | $95 / Sq Ft |
| 10/15/2024 10/15/24 | For Sale | $189,900 | +46.1% | $98 / Sq Ft |
| 03/30/2022 03/30/22 | Sold | $130,000 | 0.0% | $67 / Sq Ft |
| 03/29/2022 03/29/22 | For Sale | $130,000 | -- | $67 / 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 |
|---|---|---|---|---|
| 2025 | $4,119 | $51,600 | $0 | $0 |
| 2024 | $2,728 | $46,200 | $0 | $0 |
| 2023 | $3,209 | $43,300 | $0 | $0 |
| 2022 | $2,068 | $41,200 | $0 | $0 |
| 2021 | $2,031 | $38,700 | $0 | $0 |
| 2020 | $2,018 | $38,900 | $0 | $0 |
| 2019 | $92,055 | $33,100 | $0 | $0 |
| 2018 | $1,946 | $39,982 | $0 | $0 |
| 2017 | $1,890 | $32,393 | $0 | $0 |
| 2016 | $1,875 | $33,015 | $0 | $0 |
| 2014 | -- | $31,200 | $0 | $0 |
Seller's Agent in 2025
Khrystopher Gould
Howard Hanna Real Estate Services-Adrian
(517) 270-0241
49 in this area
125 Total Sales
Source: Michigan Multiple Listing Service
MLS Number: 50158408
APN: XA0-320-0005-00
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Source MLS: MiRealSource
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