404 Mulzer Avenue

Adrian, MI 49221
Square Ft.
3,284
$239,900
Excellent investment opportunity in the city of Adrian! This 6-unit multi-family property features five 1-bedroom, 1-bath apartments and one spacious 2-bedroom, 1-bath unit. The property offers two driveways for convenient tenant parking and is located close to amenities, schools, and shopping. With strong rental potential and solid long-term income possibilities,Read MoreRead Less
Courtesy of Gil Henry & Associates, 517-263-8971.
Listing Snapshot
Days Online
2
Last Updated
Property Type
Multi-Family
Square Ft.
3,284
Lot Size
0.51 Acres
MLS Number
50191588
30 Days Snapshot Of 49221
$331k
+13%
(avg) sold price
3
0%
homes sold
12
-64%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
City/County, Curbed, Paved Street
Appliances & Equipment
Range/Oven, Refrigerator
Basement
Outside Entrance, Brick
Building
3,284 square feet, 6 total units, Built in 1900, Separate heat?: No, Style: Tri-Level
Cooling
Wall/Window A/C
Exterior Features
Vinyl Siding, Sidewalks
Foundation
Basement
Water Features
None, Gas, Public Water
Heating
Natural Gas, Boiler
Lot
Lot size: 150x150, 0.51 acres
Owner Pays
Electric, Gas, Lawn Maintenance, Snow Removal, Taxes, Trash Removal, Water/Sewer
Parking
3 or More Spaces
Property
Lake name: None, Commercial
Sewer
Public Sanitary
Taxes
Total amount: $2,898, Year: 2025
Unit One
Rent: $650, Occupied status: Yes
Unit Two
Rent: $600, Occupied status: Yes
Unit Three
Rent: $850, Occupied status: No
Unit Four
Rent: $670, Occupied status: No
Unit Five
Rent: $775, Occupied status: Yes, Bedroom 2 width: 150
Unit Six
Rent: $500, Occupied status: Yes
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