4987 E M 36, Pinckney, MI 48169 9383
4987 E M 36, Pinckney, MI 48169 9383
4987 E M 36, Pinckney, MI 48169 9383
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$450,000
Est. payment /mo
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3 Baths
1,200 SqFt
New

4987 E M 36 Pinckney, MI 48169 9383

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Melissa Long

Melissa Long

+1(989) 980-7446

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $375

Subdivision Mi

MLS Listing ID 60991286

Style 1 Story

Full Baths 3

Year Built 1964

Annual Tax Amount $3,822

Lot Size 1.500 Acres

Acres 1.5

Lot Dimensions 212 x 306 x 176 x 410

Property Sub-Type Multi-Family

Property Description

Positioned on 1.50 acres with 212 feet of road frontage, this income-producing 3-unit multi-family triplex offers an exceptional opportunity for investors seeking immediate upside potential & long-term growth. With possible expansion opportunities available (subject to approval from Hamburg Township), this property combines strong fundamentals with future possibilities. Proudly held by long-term ownership, the property has been consistently occupied by long-term tenants, with current rents significantly below market value - creating an excellent value-add opportunity for increased cash flow. The building features (2) spacious two-bedroom units and (1) one-bedroom unit. Tenants currently pay for gas, electric, cable, & internet, while the owner maintains the water softener system. A new owner may choose to bill tenants for water usage to further improve net operating income. All units include landlord-owned appliances, including stoves and refrigerators. The basement offers additional income potential with space to install coin-operated laundry facilities. Current occupancy includes two month-to-month leased units, while Unit 3 (Basement) is vacant and ready for updates - allowing an investor to renovate and lease at current market rates. The attached 2-car garage is also vacant and could provide additional rental income opportunities. Located just minutes from Brighton, Howell, Dexter, and Ann Arbor, residents enjoy convenient access to shopping, dining, recreation, and major highways while still experiencing the charm and appeal of the Pinckney area. With strong rental demand, limited inventory, and multiple opportunities to increase revenue, this property is well-positioned for excellent long-term returns and portfolio growth. Showings are limited due to tenant occupancy. Please do not walk the property or communicate with tenants. Contact the Listing Agent directly for additional information or property-specific questions.

Location

State MI

County Livingston

Area Hamburg Twp (47007)

Zoning Multi-Family

Rooms

Basement Block, Partially Finished

Interior

Interior Features Cable/Internet Avail.

Heating Forced Air

Cooling Ceiling Fan(s)

Fireplace No

Exterior

Exterior Feature Vinyl Siding

Building

Story 1 Story

Foundation Basement

Water Private Well

Structure Type Vinyl Siding

Schools

School District Pinckney Community Schools

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional,FHA,VA

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by EXP Realty Main

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Melissa Long

Melissa Long

Agent

+1(989) 980-7446

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4987 E M 36