MI
Isabella
Mt Pleasant City
48858
1915 Stockman
1915 Stockman, Mt Pleasant City, MI 48858
Share Listing
Listing Type
Multi Family
Listing Status
Active
0
$179,900

Home Details for 1915 Stockman

Price
$179,900
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
1094
Year built
1970
Lot size acres
0.26
County
Isabella
Garage
Basement
Finished, Full
Days on site
0
MLS Listing#
79080064489
Property Description

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 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.

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Basement
    • Finished
    • Full
  • Cooling Information
    • None
  • Water Features
    • Public
Listing Courtesy: DOUGLAS DAY PROPERTY GROUP - 989-400-6215
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EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
Office
248 677 3220
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