Positioned on 1.50 acres with 212 feet of road frontage, this income-producing 3-unit multi-family triplex offers an exceptional opportunity for investors seeking immediate upside potential & long-term growth. With possible expansion opportunities available (subject to approval from Hamburg Township), this property combines strong fundamentals with future possibilities. Proudly held by long-term ownership, the property has been consistently occupied by long-term tenants, with current rents significantly below market value - creating an excellent value-add opportunity for increased cash flow. The building features (2) spacious two-bedroom units and (1) one-bedroom unit. Tenants currently pay for gas, electric, cable, & internet, while the owner maintains the water softener system. A new owner may choose to bill tenants for water usage to further improve net operating income. All units include landlord-owned appliances, including stoves and refrigerators. The basement offers additional income potential with space to install coin-operated laundry facilities. Current occupancy includes two month-to-month leased units, while Unit 3 (Basement) is vacant and ready for updates - allowing an investor to renovate and lease at current market rates. The attached 2-car garage is also vacant and could provide additional rental income opportunities. Located just minutes from Brighton, Howell, Dexter, and Ann Arbor, residents enjoy convenient access to shopping, dining, recreation, and major highways while still experiencing the charm and appeal of the Pinckney area. With strong rental demand, limited inventory, and multiple opportunities to increase revenue, this property is well-positioned for excellent long-term returns and portfolio growth. Showings are limited due to tenant occupancy. Please do not walk the property or communicate with tenants. Contact the Listing Agent directly for additional information or property-specific questions.
Calling all investors! Great income opportunity in the Village of Pinckney! 5 units - 3 of them are 2 bedroom, 1 bath and 2 units are 2 bed, 1.5 bath; all have 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. Serious buyers will be able to schedule a private showing of the units with the seller. Don't miss out on this great investment opportunity!
Investment Opportunity ââ?¬â?? 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 ââ?¬â?? Month-to-Month, Unit 2 ââ?¬â?? Month-to-Month, Unit 3 ââ?¬â?? Leased through 03/31/2027, Unit 4 ââ?¬â?? Lease through 07/31/2029, Garage ââ?¬â?? 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.
Pinckney is located in Michigan. Pinckney, Michigan has a population of 2,059. Pinckney is more family-centric than the surrounding county with 32.42% of the households containing married families with children. The county average for households married with children is 32.11%.
The median household income in Pinckney, Michigan is $83,094. The median household income for the surrounding county is $88,908 compared to the national median of $69,021. The median age of people living in Pinckney is 42.8 years.
The average high temperature in July is 82.1 degrees, with an average low temperature in January of 14.8 degrees. The average rainfall is approximately 33.4 inches per year, with 40.2 inches of snow per year.
