Homes for sale - 512 E Main Street, Pinckney, MI 48169

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Mike Himes

mhimes.remax@gmail.com +1(517) 617-8911

$ 450,000

Est. payment | -/mo

4 Baths

0.43 Acres Lot

Save

$ 450,000

Est. payment | -/mo

Save

4 Baths

0.43 Acres Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Municipality Pickford Vllg

Subdivision Pickford Vllg

MLS Listing ID 20251048921

Annual Tax Amount $5,900

Lot Size 0.430 Acres

Acres 0.43

Lot Dimensions 115X166

Source Realcomp

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.

Location

State MI

County Livingston

Area Livingston County - 40

Zoning Commercial

Direction M36 - property is on the South side of the Street, just before D19

Rooms

Basement Michigan Basement

Interior

Heating Forced Air

Exterior

View Y/N No

Building

Lot Description Sidewalk

Water Public

Structure Type Vinyl Siding

Schools

School District Pinckney

Others

Tax ID 1423300021

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition {"Other":true}

Listed by EXP Realty Main

GET MORE INFORMATION

Mike Himes

Associate Broker | Lic# 501408694

mhimes.remax@gmail.com

+1(517) 617-8911

26078 W US12 Sturgis MI 49091

512 E Main Street Pinckney, MI 48169

Mike Himes

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

512 E Main Street