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Joe Mullaney

[email protected] +1(517) 204-4004

Listed by KW Realty Living

$ 630,000

Est. payment -/mo

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909-915 Brookside DR Grand Ledge, MI 48837

1 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Timber Creek

MLS Listing ID 290268

Style Multi-Story

Year Built 1993

Tax Year 2024

Lot Size 1.000 Acres

Acres 1.0

Lot Dimensions undefinedxundefined

Source Greater Lansing Association of REALTORS®

Property Description

Located in the highly desirable Grand Ledge School District, this fully leased four-unit property offers a rare opportunity to acquire two side-by-side duplexes on a quiet cul-de-sac in the well-established Timber Creek subdivision. Built in 1993, each duplex contains two spacious units with 3 bedrooms, 1.5 bathrooms, and an attached 2.5-car garage—an uncommon and highly attractive feature. All four units are currently leased to long-term, month-to-month tenants. Each unit features a functional, modern layout designed for comfort and convenience. The entry level includes a laundry area, half bath, and generous storage, while the upper level opens to a large kitchen, living room, full bathroom, and 3 well-proportioned bedrooms. Outdoor decks extend the living space, and tenants enjoy deep, tree-lined backyards that provide a peaceful, park-like atmosphere. The location at the end of a low-traffic street enhances privacy and appeal, making it an ideal setting for tenants seeking both convenience and tranquility. The property generates consistent rental income with current rates of $975 for Units 909 / 913, and $1,300 and $1,350 for Units 915 / 911 respectively. However, research indicates that these rents are well below current market rates, as the owner has prioritized tenant retention over rent increases. With demand growing in the area and room for rent adjustments, this property offers excellent upside potential. Tenants pay all utilities, and the landlord's only shared expense is roughly $2,600 annually for snow removal & lawn care. Recent capital improvements include newer furnaces in all four units and refinished decks. Three of the four units have been updated with renovated kitchens, bathrooms, and flooring. Select units also feature new air conditioning systems, hot water heaters, appliances, & other interior enhancements. A full list of improvements is available. Located within walking distance of Beagle Middle School and Grand Ledge High School, and just minutes from Fitzgerald Park and the vibrant shops and restaurants of downtown Grand Ledge, this property is ideally positioned in a high-demand rental market. The combination of stable income, strong tenant base, and future rent growth makes this a compelling addition to any investor's portfolio. The list price includes both duplexes, which are being sold together. Don't miss your chance to own a turnkey, income-generating property in one of Mid-Michigan's most attractive suburban markets.

Location

State MI

County Eaton

Community Timber Creek

Direction M-43 Highway to Timber Creek to Brookside

Rooms

Basement None

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Carpet, Laminate, Linoleum, Vinyl

Window Features Double Pane Windows

Appliance Gas Water Heater

Laundry Main Level

Exterior

Exterior Feature Balcony, Private Yard, Rain Gutters

Parking Features Attached, Direct Access, Driveway, Garage

Fence Wood

Community Features None

Utilities Available Cable Available

View Y/N No

Roof Type Shingle

Porch Front Porch

Total Parking Spaces 8

Building

Lot Description Back Yard, Front Yard, Level, Private

Foundation Slab

Lot Size Range 1.0

Sewer Public Sewer

Architectural Style Multi-Story

Schools

High Schools Grand Ledge

School District Grand Ledge

Others

Tax ID 23-400-059-610-349-00

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Joe Mullaney

Broker Associate | License ID: mm.mullajos

+1(517) 204-4004

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Lansing, MI

Joe Mullaney

909-915 Brookside DR Grand Ledge, MI 48837

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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909-915 Brookside DR

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