1909 Stockman, Pleasant, MI 48858

• 1,480 sqft

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 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.

Listing Status:

Active

Listing Office:

DOUGLAS DAY PROPERTY GROUP : 9894006215

Listing Agent:

Keith D Cotter : 9894006215

MLS ID:

79080064490

Interior

• Appliances: DishwasherDryerOvenRefrigeratorRangeWasher
• Basement: FinishedFull
• Heating: Forced airNatural gas

Exterior

• Style: DuplexRanch

Construction

• General: Aluminum sidingBasement

Location

• Originating MLS: Central Michigan Association of REALTORS
• School District: Mt pleasant
• County: Isabella

Lot

• Zoning: STOCKMAN ACRES LOT 27 AND S 1/2 VACATED HALL ST170001252500

Utilities

• Water: Public
• Sewer: Public sewer

Financial

• Source: Central Michigan Association of REALTORS

This listing courtesy of Keith D Cotter, DOUGLAS DAY PROPERTY GROUP