$695,000
101 E McKay Street
Saline, MI, 48176
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.
Property Details
Price:
$695,000
MLS #:
25033168
Status:
Active
Beds:
0
Baths:
0
Address:
101 E McKay Street
Type:
Single Family
Subtype:
5+ Units
City:
Saline
Listed Date:
Jul 13, 2025
State:
MI
ZIP:
48176
Lot Size:
16,379 sqft / 0.38 acres (approx)
Year Built:
1920
Schools
School District:
Saline
Interior
Fireplaces Total
1
Heating
Forced Air
Exterior
Construction Materials
Wood Siding
Parking Features
Asphalt, Driveway
Parking Spots
6
Financial
Tax Year
2024
Taxes
$10,686
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101 E McKay Street
Saline, MI
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