MLS # 26027758 (Michigan Regional Information Center (MichRIC))

Great investment property built in 2018 with long term tenant in place with very limited landlord responsibilities. This is a great option for a long-term investment with an attractive cap rate and a corporate tenant with over 900 locations in 34 states. Ideal investment for 1031 exchange. Currently used as a optical retailer.
Source: SparkMLS
2-bath home in Saline in Saline built in 2018.
Listed at $1,099,999.
Estimated annual property tax: $22,058, or about $1,838 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
Legal Description
AMENDED PLAT MD L 5213 P 134 UNIT 5, SALINE PLAZA CONDOMINIUM SPLIT ON 08/07/2017 FROM 18-12-31-470-039;
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Ryan Rider
Berkshire Hathaway HomeServices MI
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
900 E Michigan Avenue, Saline, MI 48176
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Municipality
Saline
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County
Washtenaw County
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