128 Main Street East, Milan 48160

$315,000

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MLS#: 3240923
• For Sale
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Price Reduced By Motivated Seller. Take Advantage Of Cash Flow And Net Income From This Recently Rebuilt Rental Property. Large, 2-story, Multi-unit Property With 9-foot Ceilings On Both Floors. Lots Of Room For Parking In The Back. Like New Following A Complete Rebuild Due To A Lightening-strike Fire In 2014. All Above-grade Surfaces Replaced, Including New Roof, New Mechanicals, And More Than $250,000 In Repairs. One One-bedroom Apartment And Two Efficiencies (each With Their Own Bath) On Main Floor; Six Single Rooms On Second Floor (one Full And One Half Bath). All Rented Weekly. Owner Has Run As A Furnished, Weekly Rental Boarding House For 30 Years With Many Long-term Tenants. Furniture Included In Purchase Price. Low Vacancy Rate. Showings Scheduled For Qualified Buyers Only.

Property Information    

Status
Active 
Address
128 Main Street East 
City
Milan 
Zip
48160 
Year Built
1860 
Listing Date
06/02/2016 
County
Monroe 
Above Grade SqFt
2,680 
Body of Water
[incplake] 

Taxes

Summer Taxes
$3,122 
Winter Taxes
$1,044 

Rooms and Land

Number of Units

Features

Exterior Features
Enclosed Porch 
Basement
Full 

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Listing Broker

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Listing Courtesy of Keller Williams Ann Arbor
Office Address 2144 S. State Street