1915 Stockman

Mount Pleasant, Michigan 48858

  • 0 Bed(s)
  • 0 Bath(s)
  • 1,094 Sqft
  • 0.26
    Acre(Lot)
$184,900

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 Type

    Multifamily

  • County

    Isabella

  • Style

    Duplex

  • AD ID

    49611977

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Property Details

  • Interior Features

    • Basement Description: Finished

    Heating & Cooling

    • Heating: Forced Air
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1970
    • Total Units: 2
    • Foundation/Basement: Basement
    • Architecture: Duplex

    Exterior Features

    • Construction: Aluminum

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary)

    Water

    • Public (Municipal)

  • Lot Information

    • Lot Size: 0.26
    • Dimensions: 75x150

    Property Information

    • SQ ft: 1094
    • Subdivision: Stockman Acres
    • Financing: Cash

  • Listing Price Information

    • Original List Price: $184,900

    Listing Information

    • Possession: Subject To Tenant Rights
    • Legal Description: STOCKMAN ACRES LOT 26 BLK 1

  • Tax Information

    • Annual Tax: $3,929
    • Parcel Number: 170001252400

    Possession

    • Subject To Tenant Rights

    Legal Information

    • Legal Description: Section: STOCKMAN ACRES LOT 26 BLK 1

  • Utility Information

    • Water:Public (Municipal)
    • Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 05/09/2025 @ 17:43

  • MLS: 626001256
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 0 bedrooms which is for sale, it has 1,094 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.