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101 E Mckay Street, 
Saline, MI 48176

$695,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Kiara Nelson

Dominic Nelson

Keller Williams Ann Arbor Mrkt

734-995-9400

Last updated:

July 19, 2025, 03:05 PM

MLS#

25033168

Source:

MI GRAR

About This Home

101 E Mckay Street

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.

Home Facts

Multi-Family

Built in 1920

Price Summary

695,000

MLS #:

25033168

Last Updated:

July 19, 2025, 03:05 PM

Added:

11 day(s) ago


Structure

Structure

Year Built:

1920


Lot

Lot Size (Sq. Ft):

16,379


Finances & Disclosures

Finances

Price:

$695,000

Source:MI GRAR
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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.