Homes for sale - 101 E McKay Street, Saline, MI 48176

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Chollie Houghtaling

chollie@realtorsinmichigan.com +1(248) 764-0614

$650,000

Est. payment - /mo

0.38 Acres Lot

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Key Details

Property Type Multi-Family

Sub Type 5+ Units

Listing Status Active

Purchase Type For Sale

Municipality Saline City

MLS Listing ID 25033168

Year Built 1920

Annual Tax Amount $10,686

Tax Year 2024

Lot Size 0.376 Acres

Acres 0.38

Lot Dimensions 99x165

Property Sub-Type 5+ Units

Source Michigan Regional Information Center (MichRIC)

Property Description

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. 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.

Location

State MI

County Washtenaw

Area Ann Arbor/Washtenaw - A

Rooms

Basement Michigan Basement

Interior

Heating Forced Air

Fireplaces Number 1

Exterior

Parking Features Asphalt, Driveway

Utilities Available Natural Gas Connected, Electricity Connected, Cable Connected

View Y/N No

Total Parking Spaces 6

Building

Sewer Public Sewer

Structure Type Wood Siding

New Construction No

Schools

School District Saline

Others

Tax ID 18-18-01-126-020

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Keller Williams Ann Arbor Mrkt

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Chollie Houghtaling

+1(248) 764-0614

Broker | License ID: 431484

Broker License ID: 431484

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101 E McKay Street Saline, MI 48176

Chollie Houghtaling

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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101 E McKay Street