146 W Main Street
Morenci City, MI, 49256 $ 2,750,000
Bedrooms-- Baths1.0 Monthly Estimate*
$ 16,932
Commercial Property for sale in Morenci City, MI
for $2,750,000 with 1 full bath. This building was built in 1900 on a lot size of 0.04.
PROPERTY PACKAGE DEAL - 43 Single-Family Rentals + 1 Commercial Multifamily; $2,750,000 TOTAL Presenting a rare portfolio package featuring 43 income-producing residential single-family homes plus 1 commercial multifamily property concentrated in southern Michigan. All for just $2,750,000 with a 9.79% cap rate with lots of room for growth. Whether you're looking to rapidly scale your portfolio or make a strategic entrance into real estate investing, this high cash-flow opportunity is priced to move! What's Included: 43 Single-Family Homes - spread across Hillsdale & Lenawee County specifically within/surrounding the cities of Hudson, Morenci & Waldron Michigan, Mixture of 2-5 bedroom units, Occupancy rates above 90%, most with long-term tenants in place. 1 Commercial Multifamily Property2 Unit downtown commercial retail space with an apartment on the second floor. Mixed-use zoning potential, stable tenants and consistent rental history, located in a high-traffic, high-demand area. Why This Package? Immediate income from day one, diversified portfolio with risk spread across multiple units, professional management & employees already in place (optional to retain), potential to flip, hold, or syndicate Location Highlights: All properties within close proximity for easy management, located in growing rental markets with strong tenant demand, access to major highways, schools, shopping, and job centers. Full Package & Offering Memorandum Available Upon Request: Full rent roll & financial breakdown, property addresses, lease terms, photos and videos of units. Ready to Make a Power Play? Don't miss this one-of-a-kind bulk investment opportunity. Deals like this don't hit the market often if ever, especially at less than $65K per door! Contact today to schedule a portfolio walkthrough or request the financial package.; Building1 Description: Mixed Use; Building2 Description: 44 Single Family Homes
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FeaturesInteriorInterior Amenities Other
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1800.0
Laundry Features UpperLevel
Above Grade Finished Area Unit Type SquareFeet
Total Baths 1
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GeneralSewer PublicSewer
Heating ForcedAir
Cooling Other
Roof Flat
Appliances Other
Construction Materials Brick
Year Built 1900
Levels Two
Tax Year 2024
Business Type Retail
County Lenawee
Net Operating Income 269323.7
Operating Expense 116176.3
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name NONE
Garage Y/N N
Other Structures SeeRemarks
Status Active Under Contract
Directions Properties are located within/around Hudson Morenci & Waldron Michigan.
City MorenciCity_Lenawee
Disclosures ActualIncome IncomeAvailable LeadBasedPaint
Senior Community Y/N N
High School District Morenci
Zoning Description Commercial
Number Of Units Total 46
MLS Area Area13192Morenci
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 1468.3
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Building Area Units SquareFeet
Standard Status ActiveUnderContract
Tax Assessed Value 19759
Legal Description W 15.25 FT OF E 35 FT OF S 101.25 FT OF LOT 12 ORIGINAL PLAT
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ExteriorParking Features SeeRemarks
Water Source Public
Foundation Details MichiganBasement
Spa N
Building Area Total 0.0
Lot Dimensions undefinedxundefined
Lot Size Acres 0.04
Waterfront Y/N N
Foundation Area 900.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByTyler SchopperListing Agent
Exit Realty Home PartnersBroker
Affordability Calculator
- Monthly Principal & Interest
- $16,932
- Monthly Property Taxes
- $122
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyTrends Information provided by ATTOM Data Solutions.
1597695 Elementary School
1597696 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/8/2025 | $2,750,000 | | Listed Price |