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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
$324,900
4
Multi-Family
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.
4
Basement

Other Details

543263381
1920
IDX provided courtesy of Realcomp II Ltd., via Vision Realty and Ann Arbor Area Board of REALTORS®, ©2016 Realcomp II Ltd. Shareholders. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. 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.

Units Description

Unit #1
Bedrooms: 3     

Unit #2
Bedrooms: 1     

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Monthly Mortgage Payments

$1,476
$2,055

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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