UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Rent
Square Footage 1,200 sqft
MLS Listing ID 20261032287
Style Ranch
Full Baths 3
Year Built 1964
Lot Size 1.500 Acres
Acres 1.5
Property Sub-Type MultiFamily
Property Description
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 Area01151Hamburgtwp
Rooms
Basement Full, Partially Finished
Interior
Heating Forced Air, Natural Gas
Cooling Ceiling Fans
Fireplace No
Exterior
Parking Features Garage, ParkingLot, Other
Pool None
Utilities Available CableAvailable
View Y/N No
Roof Type Asphalt
Garage true
Building
Foundation Basement, Block
Sewer Septic Tank
Water Well
New Construction No
Schools
School District Pinckney
Others
Senior Community false
Acceptable Financing Cash, Conventional, FHA, UsdaLoan, VaLoan
Listing Terms Cash, Conventional, FHA, UsdaLoan, VaLoan
Special Listing Condition ShortSaleNo, Standard
Pets Allowed Yes
Nearby Locations
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