Separate utilitiesCorner lotEfficient layoutsIn-unit laundry
Well-maintained duplex in the City of Plainwell offering strong, stable cash flow with long-term tenants in place through 2027. Unit 145 rents for $1,120/month and Unit 143 for $1,075/month, providing immediate, reliable income with room for future rent increases.
Built in 1980, this newer construction property features two very spacious 2-bedroom, 1-bath units (approx. 1,056 sq ft each), making it highly desirable for tenants seeking comfortable, functional living space. Each unit includes in-unit laundry, separate utilities, and efficient layouts that support long-term tenancy.
Situated on a corner lot with public water/sewer and natural gas, tenants cover all major utilities--keeping owner expenses low. Located within Plainwell Schools and close to downtown amenities, parks, and major roadways.
This is a turnkey investment opportunity with strong in-place income, minimal management burden, and clear upside through strategic rent growth.
112 days
|
17
|
0
|
Zillow last checked:
Listing updated:
Listed by:
Will Howson269-615-5660,
Coldwell Banker Realty269-469-3950
Source: MichRIC,MLS#: 26012929
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Heating
Forced Air
Cooling
None
Features
Basement: Crawl Space
Interior area
Total interior livable area: 2,112 sqft
Property
Parking
Total spaces: 4
Parking features: Unpaved
Lot
Size: 0.32 Acres
Dimensions: 117*120
Features: Level, Corner Lot
Details
Parcel number: 5530000300
Zoning description: RIC
Construction
Type & style
Home type: MultiFamily
Property subtype: 2 to 4 Units
Materials
Vinyl Siding
Roof: Composition
Condition
New construction: No
Year built: 1980
Utilities & green energy
Sewer: Public Sewer
Utilities for property: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.