504 & 506 STATE ST.
Adrian, MI 49221

Sold 2/21/2017
  • 2,728
    sq.ft.
Multi-Family Home

There are 2 houses on property. Can not be split. Financing will have to have 20% or more down. 1 house at 504 State St., has two 1 BR/1 bath apartments. House at 506 State St. is a single family dwelling and has 2 BR/ 1 bath, living rm., dining rm, basement. Seller is a licensed realtor. Unit #1= 506 State St., Unit #2= 504 State St., Unit #3= 504 1/2 State St. Located in Historic District. 2 houses- 3 units. 1 single family 2 BR house & second house with 2 units. All in great shape & ready to be taken over. All separate utilities. All rented. Annual income $18,780. Present owner has owned them for 24 years & they have always brought in a great income. You could live in one & the other 2 would completely pay your payment. Or, rent them all & let it pay for itself.

Property Details
  • Adrian City School District
    school district
  • $2,574.47
    taxes
  • 1900
    built
  • 2
    stories
  • 31303509
    MLS#
Forced air heat
School district: Adrian City School District
Parking spaces: 3 or More Spaces
Lot acreage is: 0.12
Corner lot
Body of water: n/a
Lot size: 66x80
Located in subdivision
Lot zoned: Residential
Frontage: 66
Public sewer
Public water
Courtesy of:
Lynn Pifer

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Adrian Real Estate Market in 49221
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Properties for sale right now
$92,263
Average sale price
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504 & 506 STATE ST., Adrian, MI 49221 multi-family home was sold for $105,000.