68368 Oak St, Richmond, MI 48062

FOR SALE BY OWNER 68364 OAK STREET, RICHMOND, MI 68368 OAK STREET, RICHMOND, MI DOWNTOWN RICHMOND DUPLEX — LIVE UPSTAIRS WHILE YOUR TENANT HELPS PAY THE MORTGAGE! Excellent opportunity for an owner-occupant or investor! This downtown Richmond duplex offers approximately 2,000 total square feet, with two separate 1,000-square-foot units. Each unit features 2 bedrooms and 1 full bathroom. The first-floor unit at 68368 Oak Street was fully remodeled in 2024, including new flooring and tile, a remodeled kitchen and bathroom, fresh paint, and new lighting. It is currently rented for $1,450 per month, with approximately four months remaining on the tenant’s one-year lease—giving the new owner immediate rental income from day one. The second-floor unit at 68364 Oak Street is vacant and ready to move into. It also received a new furnace in 2025. Live upstairs while collecting $1,450 per month from the downstairs tenant to put toward your mortgage. That is $17,400 per year at the current rental rate, significantly reducing your out-of-pocket housing expense. Investors can also rent the vacant upper unit and generate income from both units. Property highlights: * Two separate 2-bedroom, 1-bathroom units * Approximately 1,000 square feet per unit * Approximately 2,000 total square feet * First-floor unit fully remodeled in 2024 * Downstairs tenant currently pays $1,450 per month * Approximately seven months remaining on the current lease * Vacant, move-in-ready second-floor unit * New upstairs furnace installed in 2025 * Desirable downtown Richmond location * Immediate owner-occupant or investment opportunity * For sale directly by owner