$799,900 For Sale

260 W Unadilla Street
Pinckney, MI 48169

5 units | Multi Family Home
1 acre - MLS# 25062231
Property Photo
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Description

Calling all investors! Great income opportunity in the Village of Pinckney! 5 units, all 2 bedroom, 2 bath with garages. Two of the units had the flooring updated in 2024. Currently operating at a 5% cap rate with room for improvement based on current leases being renewed at $1250/mo. Serious buyers will be able to schedule a private showing of the units with the seller. Don't miss out on this great investment opportunity!

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family
  • Listing Status: Active
  • County/Area: Livingston County
  • Zip Code: 48169
  • Year Built: 1970
  • School District: Pinckney
  • Units: 5 units
  • Basement: Crawl Space
  • # of Parking Spaces: 5
  • Lot Size: 1 acre
  • Annual Utilities: 6348
  • Basement Type: No
  • Construction Materials: Aluminum Siding, Brick
  • Cooling: Central Air
  • Cross Street: M36 & Dexter-Pinckney Rd
  • Directions: M36 to Mill St, N on Mill, E on Unadilla
  • Extras: Garages, Sep Electric Meter, Sep Gas Meter, Sep Water Meter
  • Financial Available: Yes
  • Gross Income: 67560
  • Heat Source: Natural Gas
  • Heat Type: Forced Air
  • Heating: Forced Air
  • Insurance Expense: 2712
  • Lot Size Area: 1
  • Lot Size Square Feet: 43560
  • Lot Size Units: Acres
  • MLS Area Major: Livingston County - 40
  • MLS Area Minor: Livingston County - 40
  • Main Type: Multi Family
  • Maintenance Expense: 320
  • Number Of Buildings: 1
  • Number Of Diff Unit Floor Plans: 5
  • Operating Expense: 24946
  • Owner Pays: Trash Collection
  • Parcel Number: 14-22-402-029
  • Possession: Close Of Escrow
  • Road Frontage: 140
  • SEV: 219108
  • Sewer: Public Sewer
  • Street Type: Public
  • Tax Annual Amount: 12025
  • Tax Legal Description: 14-22-402-029 SEC 22 T1N-R4E VILLAGE OF PINCKNEY ORIGINAL PLAT BLOCK 7 RANGE 3 LOTS 3-4-5-6. ALSO THE E 1/2 OF THAT PORTION OF VACATED INGRAM ST LYIN S OF THE S ROW LINE OF HAMBURG ST AND N ROW LINE OF UNADILLA ST
  • Tax Year: 2024
  • Tenant Pays: Electricity, Gas, Sewer, Water
  • Terms Available: Cash, Conventional
  • Township: Pinckney Vllg
  • Util Availat Street: High Speed Internet, Cable Available
  • Utilities: Natural Gas Connected, Electricity Connected, Cable Available
  • Water Source: Well
Courtesy of Jeffrey Packer, Preferred, Realtors Ltd
Source: Michigan Regional Information Center (MichRIC)
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