For sale

106 N Talbot Street
Addison, MI 49220

$164,900

Bedrooms
4
Bathrooms
2
Finished sq ft
2,400
Lot
0.04 acres
Year built
1900
Garage
0
Property type
Single Family Residence
County
Lenawee
Subdivision
Addison
MLS #
50226366
Days on market
8

About this home

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!