Great investment property with long-term rental history. Tenants pay heat & electric, owner pays water. Main floor apartment has laundry room that can be converted into a 2nd bedroom
Chesaning Investment Opportunity offering a strong, profitable rental history! This well maintained 2002 sq ft, 2 unit duplex is within easy walking distance to downtown Chesaning. Both units have a separate drive for parking, The unit at 502 Brady has 2 upstairs bedrooms, one bath, Living room, a kitchen with ample cabinets, and laundry room. The unit at 307 N Line has 2 bedrooms, a large kitchen / appliances, a nice sized living room. and a full bathroom. Both units have some newer flooring, the Line St unit has some hardwood floors under the newer flooring. Approximate 10 years updates include, 502 brady has all newer windows, 307 line has mostly newer windows, roof in 2016 & 2023. The large side yard is shared by all tenants. Basement under each unit, tenants pay all utilities, maintain lawn and snow removal. Each unit is separately metered for utilities.
Turn key investment property. 5 units on 3.5 acres. 15 minutes North of Owosso. Chesaning schools. Metal room approximately 8 years old, vinyl siding. 4 units are one bedroom and one is a two bed. Tenants pay electric. Owner pays gas and garbage.
Chesaning is located in Michigan. Chesaning, Michigan has a population of 2,415. Chesaning is less family-centric than the surrounding county with 22.37% of the households containing married families with children. The county average for households married with children is 24.49%.
The median household income in Chesaning, Michigan is $49,722. The median household income for the surrounding county is $52,749 compared to the national median of $69,021. The median age of people living in Chesaning is 40.6 years.
The average high temperature in July is 82.1 degrees, with an average low temperature in January of 14.5 degrees. The average rainfall is approximately 32.7 inches per year, with 35.9 inches of snow per year.
