101 E Mckay Street

Saline, Michigan 48176

  • 6 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 0.38
    Acre(Lot)
$650,000

Description

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.

  • Property Type

    Multifamily

  • County

    Washtenaw

  • Style

    Multifamily

  • AD ID

    50369144

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Property Details

  • Interior Features

    • Cable Available

    Heating & Cooling

    • Heating: Forced Air
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1920
    • Total Units: 6
    • Foundation/Basement: Michigan Basement

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary),Sewer at Street

    Water

    • Public (Municipal)

  • Lot Information

    • Lot Size: 0.38
    • Dimensions: 99x165

    Property Information

    • Financing: Cash,Conventional

  • Listing Price Information

    • Original List Price: $695,000

    Listing Information

    • Possession: Subject To Tenant Rights
    • Legal Description: *OLD SID - 18 18-045-021-00 SC 3-14 LOT 17 ASSESSOR'S PLAT NO. 2.

  • Tax Information

    • Annual Tax: $10,686
    • Parcel Number: 181801126020

    Possession

    • Subject To Tenant Rights

    Legal Information

    • Legal Description: Section: *OLD SID - 18 18-045-021-00 SC 3-14 LOT 17 ASSESSOR'S PLAT NO. 2.

  • Parking Information

    • Parking: 6

    Unit 1 Information

    • # of Bedrooms: 6

  • Utility Information

    • Water:Public (Municipal)
    • Sewer:Public Sewer (Sewer-Sanitary),Sewer at Street
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BuyOwner last updated this listing 07/26/2025 @ 04:42

  • MLS: 630018778
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 6 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.