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$189,900
Est. payment /mo
3 Baths
10,018 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 50163526
Year Built 1917
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 100x100
Source MiRealSource
Property Description
INVESTOR OPPORTUNITY. Located just 2.5 blocks from Central Michigan University, this front-and-back duplex offers a total of 12 bedrooms and 3 bathrooms across two attached units, making it a highly desirable rental property. Situated on Douglas Street, which connects to W. Bellows Street at the north end of campus, the property is also within walking distance of downtown Mt. Pleasant. The front unit has hardwood floors and features a living room, dining room, laundry room, kitchen and 8 bedrooms and 2 full baths. The rear unit has a living room, kitchen, bathroom and 4 bedrooms. The property features on-site parking for tenant convenience and is fully rented, providing immediate income for the new owner. Professional property management is already in place, ensuring a seamless transition and hassle-free ownership experience. Gross rents currently are in excess of $27,000/year. This is an excellent opportunity to invest in a well-maintained, high-demand rental property in the heart of a thriving college town. Schedule your showing today to explore the potential of this prime real estate offering.
Location
State MI
County Isabella
Direction E
Rooms
Basement Michigan Basement, Crawl Space
Interior
Heating Forced Air
Cooling None
Exterior
View Y/N No
Building
Lot Description Corner Lot, Sidewalk
Structure Type Block
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Century 21 Signature Realty Midland
Nearby School & Business
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