REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Julius Harris

julius.harris@exprealty.com +1(248) 910-9991

$ 199,900

1,480 SqFt

Save

$ 199,900

Save

1,480 SqFt

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Rent

Square Footage 1,480 sqft

Subdivision Stockman Acres

MLS Listing ID 79080066114

Style Duplex,Ranch

Year Built 1964

Lot Size 0.420 Acres

Acres 0.42

Property Sub-Type MultiFamily

Property Description

Well-Maintained Duplex Just Minutes from Campus Ã¢â‚¬" Ideal Investment Opportunity. This spacious and income-generating duplex is located in an incredibly convenient location, just a short walk or quick commute to the university campus. Whether you're an investor looking to expand your portfolio or a homeowner seeking a property with rental income potential, this property offers excellent flexibility and upside. Unit A features a generous layout with five well-sized bedrooms and two full bathrooms, making it ideal for larger student groups, roommates, or families who need extra space. The common areas are roomy and functional, and the layout allows for both privacy and shared living. Unit B is slightly more compact but still offers a comfortable and efficient design with four bedrooms and one full bathroom. It's perfect for smaller groups or individuals seeking affordable housing near campus. Both units are currently leased with reliable tenants in place. However, the rents are below current market value, creating an opportunity for increased cash flow and a stronger return on investment through future rent adjustments. Tenants are responsible for paying their own electricity and heating costs, which helps minimize the operating expenses for the owner. The owner covers trash service and water/sewer utilities, keeping things simple and predictable from a management standpoint. With its strong rental history, close proximity to the university, and significant potential for income growth, this duplex represents a rare chance to own a turnkey property in a high-demand area.

Location

State MI

County Isabella

Area Area37112Mtpleasant

Rooms

Basement Finished, Full

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

View Y/N No

Building

Foundation Basement

Sewer Public Sewer

Water Public

Architectural Style Duplex, Ranch

New Construction No

Schools

School District Mt Pleasant

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Listed by Keith D Cotter of Keller Williams of NM Signature Group

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(248) 910-9991

julius.harris@exprealty.com

39555 Orchard Hill Place, Suite 600, Novi, Michigan 48375

1909 Stockman Pleasant, MI 48858