10512 Rome Road, Adrian, MI 49221
Lenawee County
Key Facts
Description
Attention Investors!!! This well-maintained property currently has a long term lease, with the ability to purchase a strong income stream. Charming 3-bedroom, 2.5-bath farmhouse nestled on a spacious 2.5-acre lot in a peaceful rural setting. This delightful home features a large attached garage and an expansive 2000+ sq. ft. pole barn. Located just 5 miles from both Onsted and Manitou Beach- Devils Lake, property boasts easy access to small-town amenities and beautiful recreational opportunities for the Tenant. Current lease through July 31st, 2031, and lease payments amount to $39,500/yr.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Farmhouse
Year Built
1880
Living Area
1,580 sq ft
Lot Size
2.50 acres
Lot Dimensions
Irregular
Garage Spaces
2
Ownership
Private Owned
Days on Market
206
MLS® Listing#
25038018
Property Features
Interior
Appliances
Cooling
Heating
Fireplace
Parking
Laundry
Patio
Fencing
Lot Features
Construction
Roof
Other Structures
Utilities
Sewer
Water Source
Schools
- District:
- Onsted
Financial Details
Annual Taxes
$2,110
Tax year 2024
Assessed Value
$78,121
Parcel Number
RMO-116-4600-0
Directions
West from Onsted Hwy on US-223 and immediately turn left onto Rome Rd. About 1/3 mile W on Rome Rd and the property is on the North side of the street
Affordability Calculator
$50,980
Estimated monthly payment
$1,357/mo
Principal $203,920 · Est. interest $284,487 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Adrian, MI
- $222,222
- Median Listing Price
- 55
- Median Days on Market
- 1,545
- Median Sq Ft
- $133
- Median Price / Sq Ft
- 92
- Active Listings
- This home’s price is 15% above the area median.
- Its price per sq ft is 21% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Adrian, MI.
Location
Points of Interest in Adrian, MI
Showing the Adrian area map.
Nearby Schools
Onsted Community Schools
Secondary · 3.9 mi away
Onsted Elementary
Elementary · 4.0 mi away
Onsted High School
Secondary · 4.0 mi away
Lenawee Christian School
Elementary · 6.6 mi away
Prairie Elementary School
Elementary · 7.9 mi away
The Adrian Maples
School · 8.0 mi away
Adrian Public Schools
Elementary · 8.0 mi away
Adrian High School
Secondary · 8.1 mi away
St. Stephen Evangelical Lutheran Church
School · 8.1 mi away
St Stevens Lutheran School
School · 8.1 mi away
Old School House
School · 8.1 mi away
Maurice Spear Campus
School · 8.1 mi away
Addison Middle School
School · 8.2 mi away
Addison Community Schools
Secondary · 8.2 mi away
Berean Baptist Church
Elementary · 8.3 mi away
Alexander Elementary School
Elementary · 8.4 mi away
Springbrook Middle School
Secondary · 8.5 mi away
Adrian
School · 8.6 mi away
Head Start
School · 8.8 mi away
JC/ Lisd Academy: A Regional Middle College
School · 9.1 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1055 Loren Road, Adrian Township, MI | $179,900 | 3 | 1 | 1,217 |
| 1055 Loren Road, Adrian, MI | $179,900 | 3 | 1 | 1,217 |
| 726 Croswell Street, Adrian City, MI | $184,900 | 2 | 1 | 913 |
| 1237 Vine Street, Adrian City, MI | $189,000 | 2 | 1 | 1,393 |
| 1214 Sherman Street, Adrian, MI | $189,000 | 3 | 1 | 1,131 |
| 113 Pleasant Knoll Road, Adrian City, MI | $189,900 | 3 | 1 | 1,026 |
Moving Cost Estimate
EXIT Agents in Adrian
Listing Courtesy: Exit Realty 1st LLC