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About the Listing 103418 - RC035783
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.
Listing Highlights
Status
Active
Days on Site
39
Property Type
Multi-Family
MLS ®
60991286
Year Built
1964
Total Square Footage
1,200
Lot/Acreage
1.5
Interior Details
- Bedrooms: 0
- Bathrooms: 3 Full
- Appliances:
- Air Cond: Ceiling Fan(s)
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1200
- Below Ground Sq Ft: n/a
- Basement: Block,Partially Finished
- Other: Cable/Internet Avail.
- Water: Private Well
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 212 x 306 x 176 x 410
- Zoning: Multi-Family
- Roof:
- Others:
- Sewer: Septic
Financial Details
- Tax Amount: $3,823
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
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Questions About..
4987 E M 36 Pinckney, MI 48169
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