310 N Bridge St, Linden, MI 48451

Description

This prime downtown Linden duplex at 310 N Bridge Street is in a fantastic location — literally steps from everything downtown has to offer. You truly can’t get any closer to the heart of historic Linden, with true walkability to shops, restaurants, parks, the Mill Pond, and the Shiawassee River. While the home needs some cosmetic updates and actual work, it is priced more than $50,000 below comparable properties, presenting a tremendous opportunity for an investor or handyman willing to put in effort. The duplex is currently fully occupied with tenants paying well below market rent on month-to-month leases, providing immediate cash flow and excellent flexibility for the new owner. After some updates, projected rents are approximately $2,100+ per month total, with the larger lower unit at around $1,200/month+ and the smaller upper unit at $900/month+. The property features a brand new water heater, a laundry room in the downstairs unit, separate gas and electric meters (tenants pay their own gas and electric), and the seller currently covers water and sewer at approximately $150 per month. This duplex is sold as-is and offers great potential for value-add in one of Linden’s most convenient locations.