512 E Main Street
Pinckney, MI, 48169
$400,000
Beds
4 Baths
0 SqFt
0.43 Acres
Add
Add
$400,000
512 E Main Street
Pinckney, MI, 48169
Investment Opportunity – 4-Unit Multi-Family Quadplex in the Village of Pinckney! Don’t miss your chance to own 4-Unit Multi-Family Quadplex located at 512 E Main Street, complete with a detached 3-car garage that’s currently leased separately for added income. This is an excellent opportunity for investors seeking a stable, income-producing property with immediate upside potential. The building includes (2) two-bedroom units and (2) one-bedroom units, all separately metered for natural gas and electricity. Each unit features its own forced-air furnace and gas water heater, minimizing landlord expenses. The landlord currently pays water, but a new owner could charge tenants for water usage or install separate water meters for each unit to further increase net operating income, while tenants pay gas, electric, and cable/internet. All units include landlord-owned appliances (stove and refrigerator), and the basement offers space to add coin-operated laundry—a great way to increase revenue. Current Lease/Tenant Status: Unit 1 – Month-to-Month, Unit 2 – Month-to-Month, Unit 3 – Leased through 03/31/2027, Unit 4 – Lease through 07/31/2029, Garage – Lease through 08/31/2026. Rents are currently under market, providing significant opportunity for rent increases and improved cash flow. With strong rental demand in the area and limited inventory, this property is positioned for excellent long-term returns. Located within walking distance of downtown Pinckney and just minutes to Howell’s dining, shopping, and highway access, this property combines small-town charm with proven investment performance. Seller intends to complete a 1031 Exchange. Listing agent is a member of the ownership LLC and related to the seller. Showings will be limited due to tenant occupancy. Please respect the privacy of the current tenants and do not walk the property or communicate with the tenants. For property-specific questions, please contact the Listing Agent.

Property Details

Price:
$400,000
MLS #:
20251048921
Status:
Active
Beds:
0
Baths:
4
Address:
512 E Main Street
Type:
Single Family
Subdivision:
Pickford Vllg
City:
Pinckney
Listed Date:
Oct 29, 2025
State:
MI
ZIP:
48169
Lot Size:
18,731 sqft / 0.43 acres (approx)
Year Built:

Schools

School District:
Pinckney

Interior

Heating
Forced Air

Exterior

Construction Materials
Vinyl Siding

Financial

Net Operating Income
$30,500
Taxes
$5,900
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

Mortgage Calculator

 

Map

Similar Listings Nearby

512 E Main Street
Pinckney, MI

Reach Out To us

Someone rom our team will respond shortly.