1601-1609 E M-36 - Apartments FOR SALE


Pinckney, MI 48169
$869,000 USD
734-994-3100
1601-1609 E M-36, Pinckney, MI for Sale
$869,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

1601-1609 E M-36
Pinckney, MI 48169


OVERVIEW

These fully occupied duplexes present a strong investment opportunity in Putnam Township within the Pinckney Community School district. The 5,616-SF asset consists of three duplex buildings, each offering two 936-SF units with 2 beds, 1-bath, full kitchens, washer and dryer hook-ups, dedicated mechanicals, and assigned exterior storage. Set on a peaceful 1.97-acre site with mature trees, each building is serviced by its own well and septic system, while the landlord maintains water softener service, lawn care, snow removal, and driveway upkeep. Located near the expansive Pinckney Recreation Area with adjacent walking and biking trails, the property also offers convenient access to downtown Pinckney and surrounding communities including Ann Arbor, Brighton, Howell, and South Lyon. With stable occupancy and broad tenant appeal, this is an excellent opportunity for investors or partial owner-users, with additional information available upon execution of a confidentiality agreement.

FOR SALE DETAILS

PRICE

$869,000 USD

PRICE/SF

$155 USD /SF

# OF UNITS

6

PRICE/UNIT

$144,833

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

PARKING SPACES

18

LAND DETAILS

LAND ACRES

1.97 AC

LAND SF

85,665 SF

ZONING

RS-4

APN/PARCEL ID

14-24-200-007

ASK ABOUT THIS PROPERTY

Jim ChaconasColliers InternationalMore Info
734-994-3100

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Jim ChaconasColliers InternationalMore Info
734-994-3100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.