MI > Chelsea > J M Congdons Add
Chelsea, MI 48118,643 W Middle ST
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Chelsea, MI 48118,643 W Middle ST
Chelsea, MI 48118,643 W Middle ST
Chelsea, MI 48118,643 W Middle ST
Chelsea, MI 48118,643 W Middle ST
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Tim Sova

Tim Sova

+1(810) 844-2316
$ 375,000
Est. payment /mo
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Active

643 W Middle ST Chelsea, MI 48118

1,548 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 1,548 sqft

Price per Sqft $242

Subdivision J M Congdons Add

MLS Listing ID 81025050083

Year Built 1900

Property Sub-Type MultiFamily

Property Description

Welcome to Chelsea, a charming and growing community with small-town appeal and big potential. This well-maintained property features three fully occupied rental units:2-bedroom unit currently renting for $1,170/month-1-bedroom unit currently renting for $1,025/month,Efficiency unit currently renting for $850/month. That's a total of $3,025 in monthly income. The owner pays for water and heat.All tenants are on yearly leases, providing stability and consistency for the next owner. The property has been owned by the same landlord for over 20 years, a testament to its reliability and desirability. Recent updates include a new roof and gutters (2025), with the furnace and water heater just 7 years old.This property offers flexibility: keep the rents steady or adjust to current market rates for even greater returns. Priced at $375,000, it's a great opportunity for an investor looking to grow their portfolio or for someone ready to step into property ownership for the first time.

Location

State MI

County Washtenaw

Area Area04062Chelsea

Interior

Interior Features Storage

Heating ForcedAir, NaturalGas

Laundry CommonArea, GasDryerHookup, InBasement, WasherHookup

Exterior

Parking Features Gravel

Community Features Sidewalks

Utilities Available PhoneAvailable, PhoneConnected, SewerConnected

View Y/N No

Roof Type Other

Building

Lot Description Level

Foundation MichiganBasement

Sewer PublicSewer, SewerAtStreet

Water Public

Schools

School District Chelsea

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Realcomp MLS
©2025 Realcomp II Ltd. Shareholders
Listed by Gloria Pearson of Key Realty One LLC
Tim Sova

Tim Sova

Broker Associate

+1(810) 844-2316

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