106 N Talbot Street, Addison, MI 49220

$174,900
4
BD
2
BA
2,400
SqFt

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List Price
$174,900
Status
ACTIVE
MLS#
50220282
Days on Market
17
Style
Colonial
Year Built
1900
Bedrooms
4
Bathrooms
2
Acres
0.04
Living Area
2,400
Municipality
Addison
Region
Addison
Township
Addison
Subdivision
Downtown Addison

Property Description

Why just buy a home when your home can help pay for itself? This duplex offers a unique opportunity to combine homeownership with income potential—live comfortably in one unit while renting the other to help offset your monthly mortgage payment. Located in lenawee county both units have 2 bedrooms and 1 full bathroom. There is new flooring, updated electrical, and newer furnace & water heaters for each unit. This property is located downtown with views of mill pond. There is also lake access minutes away. For buyers looking to make a financially strategic move, this type of property can be an excellent way to reduce the cost of homeownership while beginning to build long-term wealth through real estate. Instead of carrying the entire housing expense yourself, you have the opportunity to put a portion of the property to work for you. Whether you’re a first-time buyer looking for a smarter path into homeownership, an experienced investor expanding your portfolio, or someone thinking ahead about future financial flexibility, this property offers options that a traditional single-family home simply can’t. Live in one. Rent the other. Build equity in both. This isn’t just a place to call home—it’s an opportunity to make your real estate purchase work harder for you.

Additional Information

Lot Dimensions
30 x 55
Heating
Natural Gas, Forced Air
Sewer
Public Sanitary
Foundation
Basement
Water
Public
School District
Addison Community Schools

Mortgage Calculator

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Calculator source: Real Geeks

Listing Courtesy of Real Estate One Monroe, Office Phone: 734-244-5605

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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.