MI > Mount Pleasant > Mi
Mount Pleasant, MI 48858,1909 Stockman
Mount Pleasant, MI 48858,1909 Stockman
Mount Pleasant, MI 48858,1909 Stockman
Mount Pleasant, MI 48858,1909 Stockman
Mount Pleasant, MI 48858,1909 Stockman
Mount Pleasant, MI 48858,1909 Stockman
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Jackie Jones Kapuscinski

Jackie Jones Kapuscinski

+1(419) 260-2806
$ 209,900
Est. payment | /mo

1,480 SqFt

Save
$ 209,900
Est. payment | /mo
Save

1,480 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,480 sqft

Price per Sqft $141

Subdivision Mi

MLS Listing ID 80056615

Year Built 1964

Annual Tax Amount $5,124

Lot Size 0.420 Acres

Acres 0.42

Lot Dimensions 123x150

Property Sub-Type Multi-Family

Property Description

Well-Maintained Duplex Just Minutes from Campus – 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 Mount Pleasant (37018)

Zoning Multi-Family

Rooms

Basement Finished, Full

Interior

Heating Forced Air

Appliance Dishwasher, Dryer, Range/Oven, Refrigerator, Washer

Exterior

Exterior Feature Aluminum

Building

Foundation Basement

Water Public Water

Structure Type Aluminum

Schools

School District Mt Pleasant City School District

Others

Ownership Private

Energy Description Natural Gas

Financing Cash

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by DOUGLAS DAY PROPERTY GROUP
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(419) 260-2806

jackie@jackiejonesrealtor.com

1910 IndianWood Circle, Maumee, OH, 43537

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1909 Stockman