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Listed by Webb Property Group
$189,900
Est. payment /mo
2,434 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,434 sqft
Price per Sqft $78
MLS Listing ID 1942316
Year Built 1917
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Multi Family
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
Rooms
Basement Michigan Basement
Interior
Interior Features Cable TV, WiFi
Heating Forced Air
Flooring Hardwood
Fireplaces Type None
Fireplace false
Appliance Refrigerator, Oven/Range, Washer, Dryer
Exterior
Community Features None
Waterfront Description Public
Roof Type Asphalt
Garage false
Building
Story Two
Foundation Block
Sewer Public Sewer
Water Public
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Kyle O'Grady
Team Leader, REALTOR® | License ID: 6501407456
Team Leader, REALTOR® License ID: 6501407456