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250 1St Street

Milan, MI 48160
  • $199,900
  • STATUS: Accepting Backup Offers
  • ON SITE: 38 days
  • ID#: 543281916
Under Contract
UPDATED: 67 min ago
$199,900
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,763
    SQFT
  • $113
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Lot Size Dimensions:
66X132

School Ratings & Info

School District:

Description

Investment property opportunity on historic 1st St. 3 bedroom 1 bath unit on the entry level. One bed 1 bath unit with separate entrance on upper level. Good sized 1763 sq ft home with partial basement for storage and mechanicals. Home has had many updates like newer roof, electric updates, newer furnaces, and new sewer line to the city sewer. Big back yard, plenty of driveway parking, and 1.5 car garage for extra income potential. Close to downtown, grocery shopping, parks, and US 23 for quick commute to Ann Arbor. Renters go month-to-month so possession after close is 30 days minimum. Great opportunity to rent out both units, or live in the entry level 3 bedroom unit and rent the top unit for extra income. Garage was not rented to tenants, so additional rental income possible for new owner.

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© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Nexus are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-07-31T20:56:21.487.
www.nexushomesearch.com/homes/118582747
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250 1St Street Milan, MI 48160

  • Price: $199,900
  • Status: Accepting Backup Offers
  • Updated: 67 min ago
  • ID#: 543281916
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1,763
SQFT
$113
$/SQFT
1900
Built
Neighborhood:
Milan (Washtenaw County)
County:
Washtenaw
Area:
Milan (Washtenaw County)
School District:
MILAN
Property Description
Investment property opportunity on historic 1st St. 3 bedroom 1 bath unit on the entry level. One bed 1 bath unit with separate entrance on upper level. Good sized 1763 sq ft home with partial basement for storage and mechanicals. Home has had many updates like newer roof, electric updates, newer furnaces, and new sewer line to the city sewer. Big back yard, plenty of driveway parking, and 1.5 car garage for extra income potential. Close to downtown, grocery shopping, parks, and US 23 for quick commute to Ann Arbor. Renters go month-to-month so possession after close is 30 days minimum. Great opportunity to rent out both units, or live in the entry level 3 bedroom unit and rent the top unit for extra income. Garage was not rented to tenants, so additional rental income possible for new owner.
Exterior Features

Foundation Details BasementCrawl Lot Size Dimensions 66X132 Parking Total 3 Waterfront YN No

Interior Features

Basement YN Yes Baths Total 0.00 Interior Features Laundry Facility Room Count 0 Sq Ft Combined 1763 Sq Ft Lower Floor 0 Sq Ft Source Tax Record Sq Ft Total Basement 540 Unit Efficiency Number Of 0 Unit One Bed Number Of 1 Unit Three Bed Number Of 1 Unit Two Bed Number Of 0

Property Features

Income Projection Actual Listing Financing CashConventional Monthly Rental Income 122 Operating Expense 0.00 Ownership Status Private Owned Postal City Milan Settlement City Tax Amount Summer 2259.0000 Tax Amount Winter 725.0000 Title Private - Owned Total Tax 2984.0000 Transaction Type Sale Unparsed Address 250 1St St

IDX provided courtesy of Realcomp II Ltd., via Workhorse Realty Llc and Ann Arbor Area BOR MLS, ©2021 Realcomp II Ltd. Shareholders.


© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Nexus are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-07-31T20:56:21.487.
 
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