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1909 Stockman, 
Mount Pleasant, MI 48858

$209,900


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Keith Cotter

Douglas Day Property Group

989-400-6215

Last updated:

May 6, 2025, 10:18 AM

MLS#

80056615

Source:

MI REALSOURCE

About This Home

1909 Stockman

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.

Home Facts

Multi-Family

Built in 1964

Price Summary

209,900

MLS #:

80056615

Last Updated:

May 6, 2025, 10:18 AM

Added:

1 day(s) ago


Structure

Structure

Year Built:

1964


Lot

Lot Size (Sq. Ft):

18,295


Finances & Disclosures

Finances

Price:

$209,900

Source:MI REALSOURCE
The information being provided by MiRealSource, Inc. is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 MiRealSource, Inc. All rights reserved.

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