1915 Stockman, MI 48858 - MLS#79080056616 - Jason Miller

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Jason Miller

jason@millerteamrealtors.com +1(248) 444-8774

$179,900

1,094 SqFt

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Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Rent

Square Footage 1,094 sqft

Subdivision Stockman Acres

MLS Listing ID 79080056616

Style Duplex

Year Built 1970

Lot Size 0.260 Acres

Acres 0.26

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 three well-sized bedrooms and one full bathroom, 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 three 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 Area37112Mountpleasant

Rooms

Basement Finished, Full

Interior

Heating ForcedAir, NaturalGas

Exterior

View Y/N No

Building

Foundation Basement

Sewer PublicSewer

Water Public

New Construction No

Schools

High Schools Mtpleasant

School District Mtpleasant

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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Listed by Keith D Cotter of DOUGLAS DAY PROPERTY GROUP

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Jason Miller

+1(248) 444-8774

Broker | Brerms:277398

Broker Brerms:277398

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1915 Stockman MI 48858

Jason Miller

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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