211 East Main Street
Description
11 unit building offers ten 2 bedroom apartments and one 1 bedroom apartment. Monthly rent is $800-$850 per month for remodeled units and $650 per month for older units. 1 bedroom rents for $650 per month. Excellent building, with room to increase NOI.Turn-key investment with low vacancy rate. Popular location across from Addison High School.
11 unit building offers ten 2 bedroom apartments and one 1 bedroom apartment. Monthly rent is $800-$850 per month for remodeled units and $650 per month for older units. 1 bedroom rents for $650 per month. Excellent building, with room to increase NOI.
- Listed by Brian Jones-Chance • Jones Chance & CoP: (269)-779-0505 C: (269)-779-0505 brianjc@joneschance.com
Amenities
- Air Conditioning
- Basement
- Dishwasher
- Driveway
- Fireplace
- Internet Included
- Wall Unit
Property Details for 211 East Main Street
| Status | Sold |
|---|---|
| MLS # | 24042692 |
| Days on Market | 109 |
| Taxes | $7,631 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Multi Family |
| MLS Type | Residential Income / 5+ Units |
| Year Built | 1973 |
| Lot Size | 0.33 AC / 14,375 SF |
| County | Lenawee County |
Location
Sold By Irish Hills Realty
Building Information for 211 East Main Street
Payment Calculator
$3,426 per month
30 year fixed, 6.36% Interest
$2,791
$636
$0
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1Property Information for 211 East Main Street
- Cross Streets: Jackson & E Main
- Municipality: Addison Vllg
- Directions: From Jackson: S on 127 to E Main Street. E on E Main. Property at corner of Jackson and E Main.
- Area - Major: Lenawee County - Y
- Street #: 211
- Street Direction: E
- Street Name: Main
- Suffix: Street
- City: Addison
- State: MI
- Zip Code: 49220
- County: Lenawee
- Latitude: 41.986402
- Longitude: -84.345304
- Area - Minor: Lenawee County - Y
- Taxable Value: 193515.0
- Approx. Assoc Fee: $0
- Tax ID #: RL1-451-0030-00
- Homestead: 0
- SEV: 203800
- Parking Features: Asphalt, Driveway
- Parking Total: 15.0
- Attached Garage: No
- Driveway: Asphalt
- Total Virtual Tours Count: 0
- Total Open Houses Count: 0
- Lot Features: Sidewalk, Corner Lot
- Lot Dimensions: 76x132
- Lot Measurement: Acres
- Lot Acres: 0.33
- Lot Square Footage: 14375.0
- Lot Size Area: 0.33
- Tax Year: 2023
- Legal: S 1/4 OF LOTS 3 AND 4 ALSO N 43 FT OF LOTS 5 AND 6-BLK NO 10 ADDISON J COMSTOCKS ADD TO THE VILL OF ADDISON
- Property Sub-Type: 5+ Units
- New Construction: No
- Total Floor Plans Count: 0
- Property Type: Multi Family
- Year Built: 1973
- Video Groups: 0
- Accessibility Features YN: No
- Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Storm Sewer
- Electric: True
- Sewer: Public Sewer, True
- Util Avail at Street: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Public Sewer, Public Water, Storm Sewer
- Utilities Attached: Electricity Connected, Natural Gas Connected, Phone Connected
- Water: Public Water
- Roof: Rubber
- Construction Materials: Brick
- Street Type: Public
- Exterior Material: Brick
- Roofing: Rubber
- Substructure: Walk-Out Access
- Extras: Laundry Facility, Sep Electric Meter, Tenant Storage
- Heating: Hot Water
- Basement: Yes
- Cooling: Wall Unit(s)
- Basement Yes/No: Yes
- Bathrooms Total (Integer): 0
- Bathrooms Total (Decimal): 0.0
- Bathrooms Total (Notational): 0.0
- Cooling: Yes
- Heating: Yes
- Heat Source: Natural Gas, Other
- Heat Type: Hot Water
- Air Conditioning: Wall Unit(s)
- Number of Units: 11
- Net Operating Income: $71,200.00
- BathsTotal: 1
- BedsTotal: 2
- FullBaths: 1
- HalfBaths: 0
- Occupied: Yes
- Description: 2 Bed SE
- BathsTotal: 1
- BedsTotal: 2
- FullBaths: 1
- HalfBaths: 0
- Occupied: Yes
- Description: 2 Bed SW
- BathsTotal: 1
- BedsTotal: 2
- FullBaths: 1
- HalfBaths: 0
- Occupied: Yes
- Description: 2 Bed NE
- BathsTotal: 1
- BedsTotal: 2
- FullBaths: 1
- HalfBaths: 0
- Occupied: Yes
- Description: 2 Bed NE
- BathsTotal: 1
- BedsTotal: 1
- FullBaths: 1
- HalfBaths: 0
- Occupied: Yes
- Description: 1 Bed NW
- BathsTotal: 0
- BathsTotal: 0
- BathsTotal: 0
- BathsTotal: 0
- BathsTotal: 0
- BathsTotal: 0
- BathsTotal: 0
- Occupant Type: Tenant
- Tenant Pays: Electric
- Owner Pays: Gas, Sewer, Trash Collection, Water
- Terms Available: Cash, Conventional
Property History for 211 East Main Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Feb 28, 2025 | Sold Michigan Regional Information Center #24042692 | $560,000 | — |
| Feb 28, 2025 | Sold MiRealSource #70425150 | $560,000 | — |
| Dec 16, 2024 | Contract Signed Michigan Regional Information Center #24042692 | — | |
| Dec 15, 2024 | Contract Signed MiRealSource #70425150 | — | |
| Sep 25, 2024 | Listed (Active) Michigan Regional Information Center #24042692 | $750,000 | — |
| Aug 1, 2024 | Listed (Active) MiRealSource #70425150 | $750,000 | — |
| Mar 15, 2021 | Sold (Public Record) Public Record #1454286035 | $475,000 | — |
| Mar 15, 2021 | Sold Michigan Regional Information Center #21034765 | $475,000 | — |
| Mar 15, 2021 | Sold MiRealSource #40128445 | $475,000 | — |
| Dec 13, 2020 | Contract Signed Michigan Regional Information Center #21034765 | — | |
| Dec 12, 2020 | Contract Signed MiRealSource #40128445 | — | |
| Dec 4, 2020 | Listed (Active) MiRealSource #40128445 | $475,000 | — |
| Dec 4, 2020 | Listed (Active) Michigan Regional Information Center #21034765 | $475,000 | — |
| Oct 8, 2020 | Temporarily Off Market MiRealSource #30775212 | $475,000 | — |
| Oct 8, 2020 | Temporarily Off Market Michigan Regional Information Center #21035054 | $475,000 | — |
| Oct 16, 2019 | Listed (Active) MiRealSource #30775212 | $475,000 | — |
| Oct 16, 2019 | Listed (Active) Michigan Regional Information Center #21035054 | $475,000 | — |
| May 8, 2019 | Temporarily Off Market Michigan Regional Information Center #21034774 | $475,000 | — |
| May 8, 2019 | Temporarily Off Market MiRealSource #70292972 | $475,000 | — |
| Jun 12, 2018 | Listed (Active) Michigan Regional Information Center #21034774 | $475,000 | — |
| Jun 12, 2018 | Listed (Active) MiRealSource #70292972 | $475,000 | — |
| Aug 31, 2011 | Sold Michigan Regional Information Center #16372 | $319,000 | — |
| Aug 29, 2011 | Contract Signed Michigan Regional Information Center #16372 | — | |
| May 12, 2011 | Listed (Active) Michigan Regional Information Center #16372 | $335,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 02/28/2025 | Sold Michigan Regional Information Center #24042692 | $560,000 |
| 02/28/2025 | Sold MiRealSource #70425150 | $560,000 |
| 12/16/2024 | Contract Signed Michigan Regional Information Center #24042692 | — |
| 12/15/2024 | Contract Signed MiRealSource #70425150 | — |
| 09/25/2024 | Listed (Active) Michigan Regional Information Center #24042692 | $750,000 |
| 08/01/2024 | Listed (Active) MiRealSource #70425150 | $750,000 |
| 03/15/2021 | Sold (Public Record) Public Record #1454286035 | $475,000 |
| 03/15/2021 | Sold Michigan Regional Information Center #21034765 | $475,000 |
| 03/15/2021 | Sold MiRealSource #40128445 | $475,000 |
| 12/13/2020 | Contract Signed Michigan Regional Information Center #21034765 | — |
| 12/12/2020 | Contract Signed MiRealSource #40128445 | — |
| 12/04/2020 | Listed (Active) MiRealSource #40128445 | $475,000 |
| 12/04/2020 | Listed (Active) Michigan Regional Information Center #21034765 | $475,000 |
| 10/08/2020 | Temporarily Off Market MiRealSource #30775212 | $475,000 |
| 10/08/2020 | Temporarily Off Market Michigan Regional Information Center #21035054 | $475,000 |
| 10/16/2019 | Listed (Active) MiRealSource #30775212 | $475,000 |
| 10/16/2019 | Listed (Active) Michigan Regional Information Center #21035054 | $475,000 |
| 05/08/2019 | Temporarily Off Market Michigan Regional Information Center #21034774 | $475,000 |
| 05/08/2019 | Temporarily Off Market MiRealSource #70292972 | $475,000 |
| 06/12/2018 | Listed (Active) Michigan Regional Information Center #21034774 | $475,000 |
| 06/12/2018 | Listed (Active) MiRealSource #70292972 | $475,000 |
| 08/31/2011 | Sold Michigan Regional Information Center #16372 | $319,000 |
| 08/29/2011 | Contract Signed Michigan Regional Information Center #16372 | — |
| 05/12/2011 | Listed (Active) Michigan Regional Information Center #16372 | $335,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 211 East Main Street
Schools near 211 East Main Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Addison Elementary School PublicPK to 5 | ||
Addison Middle School Public6 to 8 | ||
Addison High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Jones Chance & Co
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