101 E Mckay Street, Saline, MI 48176
Local realty services provided by:ERA Reardon Realty Great Lakes
101 E Mckay Street,Saline, MI 48176
$650,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Pending
Listed by:kiara nelson
Office:keller williams ann arbor mrkt
MLS#:25033168
Source:MI_GRAR
Price summary
- Price:$650,000
About this home
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.
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Home facts
- Year built:1920
- Listing ID #:25033168
- Added:85 day(s) ago
- Updated:October 07, 2025 at 07:41 AM
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1920
- Lot area:0.38 Acres
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$650,000
- Tax amount:$10,686 (2024)
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