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$ 164,900
Est. payment /mo
New
106 N Talbot Street Addison, MI 49220
4 Beds
2 Baths
2,400 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $68
Municipality Addison
Subdivision Addison
MLS Listing ID 50226366
Bedrooms 4
Full Baths 2
Year Built 1900
Lot Size 1,742 Sqft
Acres 0.04
Lot Dimensions 30x55
Property Sub-Type Single Family Residence
Source MiRealSource
Property Description
Turnkey Duplex with Water Views & Exceptional Investment Potential! Discover this beautifully updated 2,400 sq. ft. duplex featuring two spacious 2-bedroom, 1-bath units in the heart of Addison. Ideal for investors or owner-occupants looking to offset their mortgage by living in one unit while renting the other! Both units feature updated flooring and electrical, appliances less than five years old, and separate newer furnaces and water heaters. Enjoy picturesque Mill Pond views, minimal exterior maintenance with no lawn to mow, and a convenient downtown location just one block from the local school. Plus, minutes away from Devils Lake! A local lender has reviewed and approved the property's eligibility for traditional owner-occupied financing, supporting its highest and best use as a primary residence with supplemental rental income. Additional financing incentives, including a potential 3-2-1 interest rate buydown, may be available to qualified buyers. Whether expanding your investment portfolio or exploring the financial advantages of owner-occupied rental income, this move-in-ready property offers versatility, convenience, and long-term potential!
Location
State MI
County Lenawee
Interior
Heating Forced Air
Exterior
View Y/N No
Garage No
Building
Sewer Public
Structure Type Brick
Schools
School District Addison
Others
Tax ID WD1-000-3032-00
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Listed by Real Estate One Monroe