Well-Maintained Duplex Just Minutes from Campus 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.
Listed By
Agency Name: Keller Williams of NM Signature Group
Agency Phone: 989-317-4444
Shown By
Agent Name: Patricia Rader
Agent Phone: (419) 967-0018
Agency Title: Key Realty
Estimated Payment
$ 1,176.49 per month $1,118.18 Principal & Interest $0.00 Property Tax (data not provided by mls) $58.30 Homeowner's Insurance
1909 Stockman | MLS# 1942967
This multi-family property located at 1909 Stockman, Mount Pleasant, MI 48858 is currently listed for sale with an asking price of $199,900. Stockman is located within the Mount Pleasant City School Distr school district. Search Mount Pleasant real estate on www.callrader.com today.