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40
Photos
1246 University Avenue, Adrian, MI 49221
$238,000 Asking Price
$---/mo Est. Payment Get Prequalified »
4
beds
1
bath
1,368
sqft
Built in
1900
Welcome to this beautifully remodeled 4-bedroom, 1-bath home, ideally situated near Adrian College. This property is currently operating as a successful short-term rental (Airbnb), generating an impressive average of $3,000 per month in rental income. Whether you're looking to move in or continue using it as an investment property, this home is ready for you! All furnishings and appliances are included-no need to worry about buying furniture or appliances. 200 Amp Electrical Service (2023), Central Air Conditioning (2024), New Water Heater (2024).
Features & Amenities
Interior
- Appliances:
- Dishwasher, Dryer, Microwave, Oven, Refrigerator, Range, Washer
- Basement:
- Block
- A/C:
- Central air
- Heating:
- Forced air, Natural gas
- Fireplace:
- Electric, Living room, Fireplace
Exterior
- General:
- Sheds
- Style:
- Contemporary
- Other Structures:
- Deck, Patio, Porch
- Pool:
- None
- Parking:
- Assigned 2 spaces
Construction
- General:
- Brick, Two, Basement, Block, Brick mortar
Location
- Originating MLS:
- Lenawee County Association of REALTORS
- School District:
- Adrian
- County:
- Lenawee
Lot
- Zoning:
- E 125.6 FT LOT 1 COLLEGE TERRACE, XA0475000100
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- Lenawee County Association of REALTORS
This listing courtesy of:
Howard Hanna Real Estate Services-Adrian, Khrys Gould
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Adrian, MI
Housing
- Number of Units
- 16,290
- Median Home Value
- $127,884
- Median Rent
- $682
31.44% of housing units are renter occupied.
9.23% are vacant.
Commute
- Car
-
86.87%
- Public Transportation
-
0.51%
- Walk to Work
-
4.55%
- Work from Home
-
6.48%
- Other
-
1.00%
The median travel time to work is 21 minutes.
People
- Population
- 40,790
- Median Age
- 37.40
- Median Household Size
- 2.60
Education
- High School
-
39.70%
- Associate’s Degree
-
7.57%
- Bachelor’s Degree
-
10.81%
- Graduate Degree
-
8.73%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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