For Sale
106 N Talbot Street, Addison, MI 49220
$165,000
MLS # 50206213 (MiRealSource)
Built 19000.04 acres
1 / 36
Listing Description
Turnkey duplex investment opportunity with strong income potential. Each unit features 2 bedrooms and 1 full bath, making this property ideal for both investors and owner-occupants. Live in one unit and rent the other, or lease both for maximum cash flow. Extensive updates include fresh paint throughout, new flooring, and updated electrical, reducing immediate maintenance concerns. Each unit is equipped with its own furnace and water heater (approximately 5 years old), along with separately metered utilities—allowing tenants to pay their own expenses and simplifying management. A solid addition to any portfolio with flexibility, efficiency, and long-term upside. All info is believed to be correct. Buyers Agent to verify all info.
Source: SparkMLS
About this home
This 2-bath home built in 1900 sits in Woodstock Township in Addison.
Listed at $165,000.
Electric service is provided by Consumers Energy Company.
Listing Property Details
Property TypeMulti Family
Bathrooms2
Lot Size0.04 acres
Year Built1900
Location
CityAddison
MunicipalityAddison
Zip Code49220
CountyLenawee
Construction & Systems
BasementMichigan Basement
HeatingForced Air
Sale & Financing
Listed4/30/2026
Original Price$180,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Parcel #WD1-000-3032-00
Source: SparkMLS
Legal Description
A PAR OF LD COMM 70 FT N OF SE COR BLK 3 TH W 53 FT TH N 30 FT E 53 FT S 30 FT TO BEG - BLK NO 3 ORIGINAL PLAT-VILLAGE OF ADDISON
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Sarah Ford
Foundation Realty, LLC
Frequently Asked Questions about 106 N Talbot Street, Addison, MI 49220
Can I use FHA or VA financing for this property?
Per MLS# 50206213, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
Is 106 N Talbot Street, Addison, MI 49220 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 106 N Talbot Street, Addison, MI 49220 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Consumers Energy Company. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Addison police department or the Lenawee County sheriff's office.
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BETAMulti-Year Tax History
View SEV, Taxable Value, and uncapping difference for this parcel — Lenawee County public records.
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Monthly payment$1,070
Principal & interest$1,070
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
106 N Talbot Street, Addison, MI 49220
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Municipality
Woodstock Township
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County
Oakland County
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