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$ 450,000
Est. payment /mo
New
4987 E M 36 Pinckney, MI 48169
3 Baths
1.5 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Hamburg Twp
Subdivision Hamburg Twp
MLS Listing ID 20261032287
HOA Y/N true
Year Built 1964
Annual Tax Amount $3,822
Lot Size 1.500 Acres
Acres 1.5
Lot Dimensions 212 x 306 x 176 x 410
Source Realcomp
Property Description
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.
Location
State MI
County Livingston
Zoning Multi-Family
Direction Property located on M 36
Interior
Heating Forced Air
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Water Well
Structure Type Vinyl Siding
Schools
School District Pinckney
Others
Tax ID 1521200045
Acceptable Financing Cash, Conventional, FHA, Rural Development, VA Loan
Listing Terms Cash, Conventional, FHA, Rural Development, VA Loan
Listed by EXP Realty Main
Nearby Locations
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