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101 E McKay Street, Saline, MI 48176
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$650,000
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Home Details for 101 E McKay Street
Price
$650,000
Type
Multi Family
Year Build
1920
Lot Size
0.38
County
Washtenaw
Tax
$10,686
MLS®️ Listing#
25033168
On exitrealty.com
129 days
Property Description
Open Sunday 2-4PM. Incredible investment opportunity in the heart of downtown Saline! Don't miss your chance to own this fully rented six-unit income property, ideally situated just steps from the vibrant shops and restaurants of downtown Saline. Each unit features one bedroom and one full bathroom, and all have been nicely updated—making this a truly turn-key opportunity for investors. Every unit includes a refrigerator and range/oven; several also come furnished with a microwave, and one features a window AC unit. With a current Certificate of Occupancy, this property offers peace of mind and immediate cash flow. It sits on an oversized lot with ample parking, charming front and rear porches, and tremendous potential for expansion or even the addition of a second structure. These opportunities are rarely found in this central location. Zoned D2 (Downtown Support District), this flexible parcel supports mixed-use development, including residential, office, and commercial uses. One could also assemble multiple parcels to create a larger developmentideal for investors with long-term vision. Major recent upgrades include a new foundation wall, providing valuable structural updates and built-in equity for the next owner. Whether you're seeking your first investment property or a strategic addition to your portfolio, this well-positioned asset checks all the boxes. See attached documents for detailed rental information.
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- Utilities
- Natural Gas Available
- Natural Gas Connected
- Electricity Connected
- Cable Connected
- Sewer Available
- Water Available
- Heating Information
- Natural Gas
- Forced Air
- Parking
- Asphalt
- Driveway
- Water Features
- Public
Listing Courtesy: Keller Williams Ann Arbor Mrkt - 734-995-9400. Presented by: Kiara Nelson
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Market statistics compiled from data from Southwest Michigan Regional Information Center.
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