Building Details

Year Built 1900

Listing Agency: Century 21 Affiliated (GR) n***@c21affiliated.com Show Phone

Listed By: Nicole G Rinks · License #6506046448 Show Phone

Source: Exitrealty

Added: Apr 16, 2025 Changed: Aug 29 Last Checked: Aug 29 at 7:50PM

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Investment Insights

Based on property information with market context.

Built in 1900, this duplex contains two residential units, each offering 2 bedrooms and 1 full bath. Separate utilities serve the units independently. The property sits on over an acre at 5980 Morrison Lake Road in Boston Township, Michigan, providing a substantial land component for a two-unit residential asset.

The lower unit is occupied under a month-to-month lease, while the second unit provides additional flexibility for an owner-occupant or rental strategy. Both units share the same duplex structure but operate with separate utility service, supporting distinct household occupancy.

Key Highlights

• Two‑unit duplex with 2 bedrooms and 1 full bath in each unit
• Separate utilities for each unit
• Lower unit occupied under a month‑to‑month lease

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2

Residential units

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

7

Businesses Nearby

Explore this area Business Placement

Demographics for 48881, MI

5,438

Population

2,014

Households

2.7

Avg Household Size

42

Median Age

24%

College-Educated

95%

High-School Grad

54.0 sq mi

ZIP Area

101

Density / Sq Mi

$76,915

Median Household Income

$36,418

Median Earnings

$675

Median Rent

$219,400

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Duplex - Two residential units have independent utilities, with the lower unit occupied under a month-to-month lease.

Where is this duplex located?

The property is located at 5980 Morrison Lake Road Saranac, MI.

What is the asking price?

The asking price for this property is $259,000.

What are key features of this property?

This property features: Two‑unit duplex with 2 bedrooms and 1 full bath in each unit; Separate utilities for each unit; Lower unit occupied under a month‑to‑month lease