$849,900
Pinckney, MI 48169
MLS# 25062231

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Property Description
Calling all investors! Great income opportunity in the Village of Pinckney! 5 units, all 2 bedroom, 2 bath with garages. Two of the units had the flooring updated in 2024. Currently operating at a 5% cap rate with room for improvement based on current leases being renewed at $1250/mo. One unit recently vacated and is available for showings; serious buyers will be able to schedule a private showing of the other units with the seller. Don't miss out!
Details
Maps
Location Property Info
County: Livingston
Street #: 260
Street Direction: W
Street Name: Unadilla
Suffix: Street
State: MI
Zip Code: 48169
Zip (4): 8759
Area: Livingston County - 40
OfficeContract Info
Status: Active
Current Price: $849,900
List Price: $849,900
Listing Date: 2025-12-18
General Property Info
Lot Measurement: Acres
Lot Square Footage: 43560
Lot Acres: 1
Lot Dimensions: 140x282
Year Built: 1970
New Construction: No
Financial Available: Yes
Road Frontage: 140
Total # Units: 5
# of Diff Unit Floor Plans: 5
Total # Bldgs: 1
Total Parking Spaces: 5
Waterfront: No
School District: Pinckney
Tax Info
Tax ID #: 14-22-402-029
Taxable Value: 211626
SEV: 219108
For Tax Year: 2025
Seller's Annual Property Tax: 12025
Tax Year: 2024
Remarks Misc
Directions: M36 to Mill St, N on Mill, E on Unadilla
Access Feat
Accessibility Features: No
Income and Expenses
Annual Insurance: 2712
Annual Maintenance: 320
Annual Utilities: 6348
Gross Op. Inc.: 67560
Net Operating Income: 42614
Operating Expense: 24946
Unit 1
Unit #: 1
Unit Description: 2 bed 2 bath
Occupied: Yes
Monthly Rent: 975
Bedrooms: 2
Bathrooms: 2
Full Baths: 2
Unit 2
Unit #: 2
Unit Description: 2 bed 2 bath
Occupied: Yes
Monthly Rent: 1070
Bedrooms: 2
Bathrooms: 2
Full Baths: 2
Unit 3
Unit #: 3
Unit Description: 2 bed 2 bath
Occupied: Yes
Monthly Rent: 1250
Bedrooms: 2
Bathrooms: 2
Full Baths: 2
Unit 4
Unit #: 4
Unit Description: 2 bed 2 bath
Occupied: Yes
Monthly Rent: 1250
Bedrooms: 2
Bathrooms: 2
Full Baths: 2
Unit 5
Unit #: 5
Unit Description: 2 bed 2 bath
Occupied: No
Monthly Rent: 1250
Bedrooms: 2
Bathrooms: 2
Full Baths: 2
Property Features
Exterior Material: Aluminum Siding; Brick
Substructure: Crawl Space
Sewer: Public Sewer
Water: Well
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available; High Speed Internet
Extras: Garages; Sep Electric Meter; Sep Gas Meter; Sep Water Meter
Owner Pays: Trash Collection
Tenant Pays: Electric; Gas; Sewer; Water
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Street Type: Public
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None
Listing Office: Preferred, Realtors Ltd
Listing Agent: Jeffrey Packer
Last Updated: December - 18 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
