1909 Stockman, Mt. Pleasant, MI 48858 – 79080056615

Key Details

Property Type Multi-Family

Sub Type Duplex,Ranch

Listing Status Active

Purchase Type For Sale

Square Footage 1,480 sqft

Price per Sqft $141

Subdivision Stockman Acres

MLS Listing ID 79080056615

Style Duplex,Ranch

Originating Board Central Michigan Association of REALTORS®

Year Built 1964

Annual Tax Amount $5,124

Lot Size 0.420 Acres

Acres 0.42

Lot Dimensions 123x150

Property Sub-Type Duplex,Ranch

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 Mount Pleasant

Zoning Multi-Family

Rooms

Basement Finished

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Garage no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Duplex,Ranch

Structure Type Aluminum

Schools

School District Mt. Pleasant

Others

Pets Allowed Yes

Tax ID 170001252500

Ownership Private Owned

Acceptable Financing Cash

Listing Terms Cash

Financing Cash