909-915 Brookside Drive, Grand Ledge, MI 48837

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.