Jannetta Logan

1909 Stockman, Mount Pleasant, MI 48858

$199,900
  • 1909 Stockman, Mount Pleasant, MI 48858 Main Photo

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New to the Market Active
BEDS0 BATHS MLS#1942967
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONMI SCHOOLMount Pleasant City School Distr

Property Description

Well-Maintained Duplex Just Minutes from Campus ??? 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.

1909 Stockman | MLS# 1942967

This multi-family property located at 1909 Stockman, Mount Pleasant, MI 48858 is currently listed for sale with an asking price of $199,900. Stockman is located within the Mount Pleasant City School Distr school district. Search Mount Pleasant real estate on www.jloganhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full Finished
Home Style: Ranch, Ranch
Lot Size: 0.42 Acres
Roof Type: Asphalt
Year Built: 1964

Feature Descriptions

Appliance(s)/Equipment: Refrigerator, Oven/Range, Dishwasher, Washer, Dryer
Construction: Frame
Days on Site: 3
Heating/Cooling: Forced Air
Heating/Cooling Source: Natural Gas
Interior: Laundry Hook-up
Lot Dimensions: 123x150
Outbuilding(s): Yes
Road: Public Maintained, Blacktop
Sewer: Municipal
Water: Municipal
Waterfront Type: No

Local Schools

School District: Mount Pleasant City School Distr

Listed By / Shown By

Listed By

Agency Name: Keller Williams of NM Signature Group
Agency Phone: 989-317-4444

Shown By

Agent Name: Jannetta Logan
Agent Phone: (734) 395-2948
Agency Title: Key Realty

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Estimated Payment

$ 1,176.49 per month $1,118.18 Principal & Interest $0.00 Property Tax (data not provided by mls) $58.30 Homeowner's Insurance

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