202 S Steer Street
Addison, MI 49220

Description

ATTENTION BUYERS. Live in the house & have the 3 apartments pay the mortgage, taxes & insurance. ATTENTION INVESTORS: Favorable Cap Rate and also possibility of adding more units. 1 single family residence & barn converted into 3 apartments.Three bedroom one bath brick ranch features large kitchen w/breakfast bar and dining room open to the spacious living area with massive brick fireplace & picture window. Large partially finished basement w/fireplace and pedestrian door walkout.Attached screened-in porch & 2 1/2 car garage. A/C. Updates include flooring and furnace. Roof in good condition. Barn features a 3 bedroom/1 bath & two 1 bedroom/1 bath apartments. Large garage with newer door for storage, workshop and parking. Nicely treed 2.65 acre lot with Bean Creek frontage. Totally fenced front yard. Plenty of parking. Short walk to town. Dollar General to be built across the street. Taxes are projected.

Details

MLS#3262907
Sub-TypeResale
StatusContingent
Year1946
Days On Site63

Features

SQ Feet1,399
Units4
Building(s)1

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Area Information

StateMI
CountyLenawee
CityAddison
Zip Code49220
AreaBal Of Lenawee Co
Listing VS Median (in 49220)
Price:
$155,000
low | high
Med:
$155,000
50% of Average
SqFt:
1,399
low | high
Med:
1,399
50% of Average
$ / SqFt:
$111
low | high
Med:
$111
50% of Average
On Site:
63
low | high
Med:
60.500000
100% of Average
Listing Updated: 04/23/2019
MLS Number: 3262907
Listing Provided By:
Michael Price  of  Keller Williams Ann Arbor
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Ann Arbor Area Association of Realtors® MLS.