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413 Madison Street, Chelsea, MI 48118

4 Bed Multi-Family Home For Sale

413 Madison Street, Chelsea, MI 48118 House For Sale
4 Family
This listing is courtesy of The Charles Reinhart Company.

Property Description for 413 Madison Street, Chelsea, MI 48118

Welcome to one of the most coveted Income Properties in downtown Chelsea! This is a 4-unit income property and all units are currently occupied making this a fantastic investment! This lovely home is located on one of the most coveted streets in town boasting almost a half acre with mature trees and panoramic views in every direction. This home is absolutely beautiful and meticulously maintained yet practical, the driveway is all concrete with numerous parking places not to mention a 2 car detached garage. The main unit has 2 bedrooms, a large kitchen, full bathroom and living room including a fireplace! The other 3 units also have a living room, full bathroom, kitchen and storage. Other features include newer/efficient forced air furnaces, updated electrical, radon mitigation system installed, washer and dryer for all tenants to use, all appliances are included! This is an investors dream with fully occupied units with long term tenants. This is an easy turn key operation that wo

Interior Details

2,309 sq. ft.
$140.71/sq. ft.
Laundry Facility

Exterior Details

0.40 acres
17,424 sq. ft.

Other Details

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Units Description

Unit #1
Bedrooms: 3     

Unit #2
Bedrooms: 1     

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Town Description

There were 1,840 households out of which 29.7% had children under the age of 18 living with them, 48.3% were married couples living together, 10.9% had a female householder with no husband present,...

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