22
See all 22 photos
$215,000
Est. payment /mo
0.25 Acres Lot
Active
206 Oak Street Sheridan, MI 48884-9237
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70467606
Year Built 1900
Annual Tax Amount $2,014
Tax Year 2024
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 66x165
Property Sub-Type Multi-Family
Property Description
Turnkey Duplex Investment Opportunity in Sheridan, MI!Don't miss this duplex in the heart of Sheridan with strong rental history & reliable income. Each unit features 2 bedrooms & 1 full bath, with separate entrances & utilities. Tenants pay electric and are on month to month leases, generating a gross income of $18,888/year.Recent updates include a renovated upper unit in 2023 & a lower unit refresh in 2021. The property boasts a durable metal roof (approx. 5 years old) and a freshly painted exterior (2024), ensuring minimal maintenance for years to come.Ample on-site parking & added lifestyle value with Pearl Lake park located within a few minutes walk. Whether you're expanding your investment portfolio or house hacking, this property is a smart, income-generating choice.
Location
State MI
County Montcalm
Area Sheridan (59032)
Zoning Residential
Rooms
Basement MI Basement
Interior
Heating Baseboard, Forced Air
Cooling None
Exterior
Exterior Feature Wood
Building
Foundation Basement
Structure Type Wood
Schools
School District Central Montcalm Public Schools
Others
Energy Description Electric,Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Berkshire Hathaway HomeServices Michigan Real Estate (South)