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101 E Mckay Street, Saline city, Michigan

$650,000

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0.38

Acres

About 101 E Mckay Street

Open Sunday 2-4PM. Incredible investment opportunity in the heart of downtown Saline! Don't miss your chance to own this fully rented six-unit income property, ideally situated just steps from the vibrant shops and restaurants of downtown Saline. Each unit features one bedroom and one full bathroom, and all have been nicely updated--making this a truly turn-key opportunity for investors. Every unit includes a refrigerator and range/oven; several also come furnished with a microwave, and one features a window AC unit. With a current Certificate of Occupancy, this property offers peace of mind and immediate cash flow. It sits on an oversized lot with ample parking, charming front and rear porches, and tremendous potential for expansion or even the addition of a second structure.These opportunities are rarely found in this central location. Zoned D2 (Downtown Support District), this flexible parcel supports mixed-use development, including residential, office, and commercial uses. One could also assemble multiple parcels to create a larger developmentideal for investors with long-term vision. Major recent upgrades include a new foundation wall, providing valuable structural updates and built-in equity for the next owner. Whether you're seeking your first investment property or a strategic addition to your portfolio, this well-positioned asset checks all the boxes. See attached documents for detailed rental information.

Features of 101 E Mckay Street

MLS® # 81025033168
Price $650,000
Bathrooms 0.00
Acres 0.38
Year Built 1920
Type Multifamily
Status Active Under Contract

Community Information

Address 101 E Mckay Street
Area 04182 - Saline
City Saline city
County Washtenaw
State Michigan
Zip Code 48176

Amenities

Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
Parking Asphalt
Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Natural Gas
Fireplace No

Exterior

Construction Wood Siding
Foundation Michigan Basement

School Information

District Saline

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Ann Arbor Mrkt
Contact InfoKiara@HomeTeamRealtor.com

Listing Map

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