1246 University Avenue, Adrian, MI 49221

$223,000 Asking Price

4 beds
1 bath
1,368  sqft
Built in 1900

Price Adjusted! ALL furnishings and appliances INCLUDED! Welcome to this beautifully remodeled 4-bedroom, 1-bath home, ideally situated near Adrian College. 200 Amp Electrical Service (2023), Central Air Conditioning (2024), New Water Heater (2024). 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!

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

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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