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Listed by REMAX Central
$199,900
Est. payment /mo
3 Baths
2,112 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,112 sqft
Price per Sqft $94
MLS Listing ID 1948835
Year Built 1895
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Multi Family
Property Description
Excellent investment opportunity! This well-maintained duplex offers two spacious 2-bedroom units in a prime corner-lot location at Maple and Evart, just blocks from Franklin Elementary school and the Hospital District. Its desirable location makes it an attractive option for long-term tenants and future medical professionals seeking convenient housing. Unit 1 features 2 bedrooms, 1.5 bathrooms, and shared access to a partial basement with laundry hookups, and its own detached one-stall garage. Unit 2 offers 2 bedrooms, 1 full bathroom, dedicated off-street parking, a private backyard, and shared basement laundry hookups. The property is served by a shared natural gas radiant heating system, while each unit has its own separate hot water heater. Seller pays for Trash, City Water/Sewer (approx. 75/mo) and Natural gas (approx 100/mo). Lawn maintenance and snowplowing/removal is the tenants responsiblity. This property has a strong rental history with reliable, long-term tenants—one occupying their unit for approximately 10 years and the other for 4 years—demonstrating the desirability and stability of this investment. Additional updates include a newer roof (within the past 5 years) and updated mechanical systems within the last 10 years. Come check out this nice investment property to either start or add to your Investment Portfolio.
Location
State MI
Rooms
Basement Partial, Michigan Basement
Interior
Interior Features None, Cable TV
Heating Baseboard, Natural Gas
Fireplaces Type None
Fireplace false
Appliance Refrigerator, Oven/Range
Exterior
Community Features None
Waterfront Description Public
Roof Type Asphalt
Garage false
Building
Story Two
Sewer Public Sewer
Water Public
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Kyle O'Grady
Team Leader, REALTOR® | License ID: 6501407456
Team Leader, REALTOR® License ID: 6501407456