501 N Pine River Street NIthaca City, MI 48847

Description

One property, several possibilities. Offered at $89,900, this updated Ithaca duplex gives you options: build your rental portfolio, live on the main floor and rent the upstairs to help offset your housing costs or maybe explore a future conversion to a single family home. Here's your opportunity... Fresh interior and exterior paint, new carpeting, updated plumbing and a newer furnace add to the appeal. This duplex has a current city rental certification good for one year. The seller has done the hard work so you dont have to. Enjoy a covered porch, a 0.28 acre corner lot and a detached garage with a concrete floor and divided storage areas. Nearby North Elementary, downtown shops and dining and Woodland Park put everyday conveniences and outdoor recreation within easy reach. Bring your plans and explore how this property could fit your next chapter.Buyer or buyer agent to verify all information. The main-floor and upstairs units offer combined rental potential of $2,100 per month. Seller was charging $1200 for the main and $900 for the upstairs. Seller has a city cert, good for 1 year.

Property Information

Property type

Residential Income

Sub-type

Multi Family

Year built

1900

Lot size

0.28 acres

Lot dimensions

74.25x165

Parking spaces

2

Days on market

6

MLS^® Listing#

65026056676

Property Features

Heating

Forced Air · Natural Gas

Construction

Wood Siding

Utilities

Electricity Connected · Natural Gas Connected

Sewer

Public Sewer

Water source

Public

Financial Details

Annual taxes

$1,938Tax year 2024

Assessed value

$33,317

Parcel number

5265507100