This well-maintained fourplex in Olivet presents a strong income-producing opportunity with built-in stability and future upside. Situated on a full 1-acre parcel, the property includes three 2-bedroom/1-bath units and one 1-bedroom/1-bath unit -- a desirable unit mix that appeals to a broad tenant base.Three of the 2-bedroom units are occupied by long-term, multi-year tenants, providing consistent cash flow and reduced turnover risk. The property has been carefully maintained, with a brand-new metal roof and water softener installed this year.Each unit includes a refrigerator and range, and tenants benefit from a shared laundry room, adding convenience and retention value. Ample on-site parking enhances tenant appeal.Located near The University of Olivet and within easy access to FireKeepers Casino Hotel, the property benefits from stable local employment drivers and consistent rental demand.The 1-acre lot provides a compelling value-add opportunity, with potential.
1 Private Acres Lot Size
investment
$217 Monthly Tax
Built in 1991
MLS/Listing ID 64026024534
4 Units
Parking - Gravel
Metal
Construction - Vinyl Siding
Heating - Natural Gas
Heating - Baseboard
Storage
Lower Level
Laundry Room
Common Area
Lot - Level