Pending

124 S Ottawa Street
Tecumseh, MI 49286

$249,900

Lot
0.13 acres
Year built
1880
Property type
E
County
Lenawee
Subdivision
Tecumseh City
MLS #
50219121
Days on market
80

About this home

Great opportunity to add a solid income-producing property to your rental portfolio! Located just one block from downtown Tecumseh, this 4-unit property features four 1-bedroom units and is currently fully occupied, providing immediate rental income. There may also be an opportunity for future rent adjustments. Each unit has a separate electric meter, while the natural gas expense is shared among the four units. Additional features include an inviting wraparound porch, a 2-car garage providing valuable additional space, and newer siding. Conveniently located near downtown Tecumseh shopping, dining, and amenities. Priced at $259,900, this is an excellent opportunity for investors looking to expand their portfolio.