This four-unit property offers an excellent opportunity to expand your rental portfolio. Each unit features a townhome layout with 3 bedrooms, 1.5 baths, and main-floor laundry hookups for tenant convenience. Three units are currently occupied, providing immediate income. The fourth unit is under construction, a blank canvas ready for customization or renovation to suit your preferred finishes and rental strategy. The property includes a large gravel parking lot at the rear, currently with two spaces assigned per unit. Located in a convenient area with access to local amenities, this property has strong rental potential and room for value-add improvements. Whether you're looking to increase cash flow, add value through renovations, or both, this property presents multiple paths for return on investment.
Listing Courtesy of LANSING MI / Century 21 Affiliated / Alexis "Lexi" Hass
$129,900 (USD)
Owosso Area Multi-Family Home
Active
528 River Street Owosso, MI 48867
Bed
0 Baths
sqft
MLS# 291004
This spacious duplex in Owosso is a solid addition to any investment portfolio. Each side features 3 bedrooms and 1 full bath, with both units currently occupied—so you'll have rental income from the start. The property is designed with convenience in mind. Each unit has its own driveway and front porch, offering privacy for both households. Out back, the yard is fully fenced and includes a garage for additional storage or parking. With separate entrances and plenty of space inside and out, this duplex offers practicality and long-term potential. Located close to local amenities, it's an investment worth taking a closer look at.
Listing Courtesy of LANSING MI / Century 21 Affiliated / Alexis "Lexi" Hass
$109,900 (USD)
Owosso Area Multi-Family Home
Active
522 River Street Owosso, MI 48867
Bed
0 Baths
sqft
MLS# 291001
Looking for an investment property with great potential? This duplex in Owosso is conveniently located close to town and offers a mix of immediate rental income with room to add value. One side features a 3-bedroom, 1-bath unit that is currently occupied, providing steady income from day one. The other side is a 1-bedroom, 1-bath unit that has been taken down to the studs and is ready for you to finish exactly how you'd like. Whether you're an investor looking to expand your portfolio or someone interested in living in one unit and renting out the other, this property offers flexibility and opportunity. With its proximity to town, you'll enjoy easy access to local shops, dining, and amenities.
Listing Courtesy of LANSING MI / Century 21 Affiliated / Alexis "Lexi" Hass