MI
Lenawee
Morenci
49256
146 W Main Street
146 W Main Street, Morenci, MI 49256
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Listing Type
Commercial/Industrial
Listing Status
Active Under Contract
44
$2,750,000

Home Details for 146 W Main Street

Price
$2,750,000
Type
Commercial Sale
Total Bathrooms
1
Square feet
1800
Year built
1900
Lot size acres
0.04
County
Lenawee
Days on site
337
MLS Listing#
291082
Property Description

PROPERTY PACKAGE DEAL - 43 Single-Family Rentals + 1 Commercial Multifamily; $2,750,000 TOTAL Presenting a rare portfolio package featuring 43 income-producing residential single-family homes plus 1 commercial multifamily property concentrated in southern Michigan. All for just $2,750,000 with a 9.79% cap rate with lots of room for growth. Whether you're looking to rapidly scale your portfolio or make a strategic entrance into real estate investing, this high cash-flow opportunity is priced to move! What's Included: 43 Single-Family Homes - spread across Hillsdale & Lenawee County specifically within/surrounding the cities of Hudson, Morenci & Waldron Michigan, Mixture of 2-5 bedroom units, Occupancy rates above 90%, most with long-term tenants in place. 1 Commercial Multifamily Property 2 Unit downtown commercial retail space with an apartment on the second floor. Mixed-use zoning potential, stable tenants and consistent rental history, located in a high-traffic, high-demand area. Why This Package? Immediate income from day one, diversified portfolio with risk spread across multiple units, professional management & employees already in place (optional to retain), potential to flip, hold, or syndicate Location Highlights: All properties within close proximity for easy management, located in growing rental markets with strong tenant demand, access to major highways, schools, shopping, and job centers. Full Package & Offering Memorandum Available Upon Request: Full rent roll & financial breakdown, property addresses, lease terms, photos and videos of units. Ready to Make a Power Play? Don't miss this one-of-a-kind bulk investment opportunity. Deals like this don't hit the market often if ever, especially at less than $65K per door! Contact today to schedule a portfolio walkthrough or request the financial package.

Property Features
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    • Public
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Listing Courtesy: EXIT Realty Home Partners - 517-803-2345
Presented by: Jonathan Lum
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Greater Lansing Association of REALTORS®. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright ©2026 Greater Lansing Association of REALTORS®. All Rights Reserved.
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EXIT REALTY HOME PARTNERS
1000 S. Washington Ave Suite 104, Lansing, MI 48910
Jonathan Lum
License #: 6502412954
Franchisee
Office
517 803 2345
Agent
517 798 6264
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