$169,500
Sold

425 Elizabeth

Mt. Pleasant, MI 48858
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

Fully rented investment property on a quiet street is priced to increase your portfolio value or make a great first investment venture. Located east of Mission St in the center of town and near the hospital and Pullen school. This property includes a fenced in yard and a shed for each side to have additional storage. This duplex has been easily rented with a 9 year plus history with the current owner. The single side was completely updated in 2014. Rents for $697/month. The 3-bedroom side has some new floors and appliances. Rent is $1,200/month. ($1,200 + $697 = $1,897 x 12 = $22,764/year) Both sides feature built-ins that adds character to the place and some wood floors. Laundry is a shared space. Seller pays the water bill. (See attached for payment history) Electric and gas is the responsibility of the renters. Some seasonal yard maintenance is done by the owner with renters handling most of it. Great Price! Great Location! Fully Rented! What are you waiting for? Thank you in advance for giving 24 hour notice for all showings.

  • Interior Details
      • CoolingCentral Air
  • Property Details
      • Exterior FeaturesFenced
  • Construction Details
      • Property TypeInvestment
    • Condition
      • Year Built1930
  • Community and Neighborhood Details
      • School DistrictMt. Pleasant
      • RegionMt. Pleasant
      • ZoningMulti-Family
      • CountyIsabella
  • Financial Details
      • Original List Price$172,500
  • Other
      • MLS #79080011457

Location

Timothy StinsonPremier Realtor | 248-933-0539