512 E Main, Pinckney, MI 48169
Local realty services provided by:CENTURY 21 Signature Realty
512 E Main,Pinckney, MI 48169
$400,000
- - Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: nick coppola
Office: exp realty main
MLS#:60948665
Source:MI_REALSOURCE
Price summary
- Price:$400,000
About this home
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 – Leased through 03/31/2027, 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....
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Home facts
- Year built:9999
- Listing ID #:60948665
- Added:187 day(s) ago
- Updated:May 02, 2026 at 10:18 AM
Rooms and interior
- Total bathrooms:4
- Full bathrooms:4
- Basement Description:MI Basement
Heating and cooling
- Cooling:Ceiling Fan(s)
- Heating:Forced Air
Structure and exterior
- Year built:9999
- Lot area:0.43 Acres
- Construction Materials:Vinyl Siding
- Exterior Features:Porch
- Levels:2 Story
Utilities
- Water:Public Water
Finances and disclosures
- Price:$400,000
- Tax amount:$5,900
Features and amenities
- Amenities:Cable/Internet Available, DSL Available
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