16
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$174,900
Est. payment /mo
4 Beds
2 Baths
2,400 SqFt
Active
106 N Talbot Street Addison, MI 49220
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Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $72
Subdivision Downtown Addison
MLS Listing ID 50220282
Style 2 Story
Bedrooms 4
Full Baths 2
Abv Grd Liv Area 2,400
Year Built 1900
Annual Tax Amount $3,504
Tax Year 2024
Lot Size 1,742 Sqft
Acres 0.04
Lot Dimensions 30x55
Property Sub-Type Single Family
Property Description
Why just buy a home when your home can help pay for itself? This duplex offers a unique opportunity to combine homeownership with income potential—live comfortably in one unit while renting the other to help offset your monthly mortgage payment. Located in lenawee county both units have 2 bedrooms and 1 full bathroom. There is new flooring, updated electrical, and newer furnace & water heaters for each unit. This property is located downtown with views of mill pond. There is also lake access minutes away. For buyers looking to make a financially strategic move, this type of property can be an excellent way to reduce the cost of homeownership while beginning to build long-term wealth through real estate. Instead of carrying the entire housing expense yourself, you have the opportunity to put a portion of the property to work for you. Whether you're a first-time buyer looking for a smarter path into homeownership, an experienced investor expanding your portfolio, or someone thinking ahead about future financial flexibility, this property offers options that a traditional single-family home simply can't. Live in one. Rent the other. Build equity in both. This isn't just a place to call home—it's an opportunity to make your real estate purchase work harder for you.
Location
State MI
County Lenawee
Area Addison (46023)
Interior
Heating Forced Air
Exterior
Garage No
Building
Story 2 Story
Foundation Basement
Water Public Water
Architectural Style Colonial
Structure Type Brick
Schools
School District Addison Community Schools
Others
Ownership Private
SqFt Source Public Records
Energy Description Natural Gas
Financing Cash,Conventional,FHA
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Real Estate One Monroe
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