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$164,900
Est. payment /mo
4 Beds
2 Baths
2,400 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type SingleFamilyResidence
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $68
Subdivision Downtown Addison
MLS Listing ID 57050226366
Style Colonial,Duplex
Bedrooms 4
Full Baths 2
Year Built 1900
Lot Size 1,742 Sqft
Acres 0.04
Property Sub-Type SingleFamilyResidence
Property Description
Turnkey Duplex with Water Views & Exceptional Investment Potential! Discover this beautifully updated 2,400 sq. ft. duplex featuring two spacious 2-bedroom, 1-bath units in the heart of Addison. Ideal for investors or owner-occupants looking to offset their mortgage by living in one unit while renting the other! Both units feature updated flooring and electrical, appliances less than five years old, and separate newer furnaces and water heaters. Enjoy picturesque Mill Pond views, minimal exterior maintenance with no lawn to mow, and a convenient downtown location just one block from the local school. Plus, minutes away from Devils Lake! A local lender has reviewed and approved the property's eligibility for traditional owner-occupied financing, supporting its highest and best use as a primary residence with supplemental rental income. Additional financing incentives, including a potential 3-2-1 interest rate buydown, may be available to qualified buyers. Whether expanding your investment portfolio or exploring the financial advantages of owner-occupied rental income, this move-in-ready property offers versatility, convenience, and long-term potential!
Location
State MI
County Lenawee
Area Area13013Addisonvlg
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Pool None
View Y/N No
Garage false
Building
Lot Description WaterView
Foundation Basement
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Addison
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition ShortSaleNo, Standard
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Listed by Erica Mendez of Real Estate One Monroe
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