512 Main Street, Pinckney Village, Michigan 48169
$450,000
Property Details
- MLS#: 20251048921
- Bedrooms: N/A
- Bathrooms: 4
- Square Feet: 2,788
- Price per Sqft: $161
- Lot Size: 0.43 acres
- Year Built: 9999
- Property Type: ResidentialIncome
- Status: Active
- Days on Market: 119
Description
Investment Opportunity – 4-Unit Multi-Family Quadplex in the Village of Pinckney! Don’t miss your chance to own 4-Unit Multi-Family Quadplex located at 512 E Main Street, complete with a detached 3-car garage that’s currently leased separately for added income. This is an excellent opportunity for investors seeking a stable, income-producing property with immediate upside potential. The building includes (2) two-bedroom units and (2) one-bedroom units, all separately metered for natural gas and electricity. Each unit features its own forced-air furnace and gas water heater, minimizing landlord expenses. The landlord currently pays water, but a new owner could charge tenants for water usage or install separate water meters for each unit to further increase net operating income, while tenants pay gas, electric, and cable/internet. All units include landlord-owned appliances (stove and refrigerator), and the basement offers space to add coin-operated laundry—a great way to increase revenue. Current Lease/Tenant Status: Unit 1 – Month-to-Month, Unit 2 – Month-to-Month, Unit 3 – Vacant (ready to lease or owner-occupy), Unit 4 – Lease through 07/31/2029, Garage – Lease through 08/31/2026. Rents are currently under market, providing significant opportunity for rent increases and improved cash flow. With strong rental demand in the area and limited inventory, this property is positioned for excellent long-term returns. Located within walking distance of downtown Pinckney and just minutes to Howell’s dining, shopping, and highway access, this property combines small-town charm with proven investment performance. Seller intends to complete a 1031 Exchange. Listing agent is a member of the ownership LLC and related to the seller. Showings will be limited due to tenant occupancy. Please respect the privacy of the current tenants and do not walk the property or communicate with the tenants. For property-specific questions, please contact the Listing Agent.
Location
This property is located in Pinckney Village, Michigan. Pinckney Village is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.
Frequently Asked Questions
What is the price of 512 Main Street?
512 Main Street is listed at $450,000, or $161 per square foot.
How many bedrooms does 512 Main Street have?
This property has N/A bedrooms and 4 bathrooms, with 2,788 square feet of living space.
Schedule a Showing
Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.
Phone: (313) 466-2430
Email: info@sonicrealty.com
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