$499,900

512 E Main Street, Pinckney Village, MI 48169

  • 4 baths |
  • 2,788 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.43acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $179/sqft
  • Property List Date Icon Listed 8 days ago

Property Description

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 – Vacant (ready to lease or owner-occupy), Unit 4 – Lease through 07/31/2029, Garage – Lease through 07/31/2026. 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.

Listing Status:
Active
Listing Office:
EXP Realty Main : 8885017085
Listing Agent:
Nick Coppola : 2483106833
MLS ID:
20251048921
  • General: High speed internetOther
  • Basement: Common storage lockerUnfinished
  • A/C: Ceiling fans
  • Heating: Forced airNatural gas
  • General: LightingPrivate entranceOther
  • Style: Quadruplex
  • Other Structures: CoveredPorch
  • Pool: None
  • Parking: GarageParking padShared driveway
  • Roofing: Asphalt
  • General: Vinyl sidingTwoMichigan basement
  • Road/Access: Paved
  • Originating MLS: Realcomp II Ltd
  • School District: Pinckney
  • County: Livingston
  • Zoning: SEC 23 T1N R4E COM SW CORTH N87*E 1316.98 FTTH N01*W 1004.79 FTTH N01*E 166.7 FT TO POBTH N01*E 115 FTTH S86*E 162.33 FTTH S 113.42 FTTH N87*W 166.18 FT TO POB. .43 AC M/L PAR 1 SPLIT FROM 002 1-881423300021
  • Fencing: Fencing allowed
  • Utilities: Above ground utilitiesCable availableUnderground utilities
  • Water: Public
  • Sewer: Public sewer
  • Source: Realcomp II Ltd

This listing courtesy of Nick Coppola, EXP Realty Main

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

N

Navigator Upper Elementary School

2150 E M 36, Pinckney, MI, 48169

Grades 4-5

1.98 miles away

P

Pathfinder School

2100 E M 36, Pinckney, MI, 48169

Grades 6-8

1.86 miles away

P

Pinckney Community High School

10255 Dexter Pinckney Rd, Pinckney, MI, 48169

Grades 9-12

0.73 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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