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Property profile & analytics
FOR SALE
Duplexes

119-121 N Bachus St Corunna, MI 48817

Built 1945
Property ID
US43-Q005441
Property summary
AI-generated overview

Excellent investment opportunity in the City of Corunna! This well-maintained, income-producing side-by-side duplex is fully occupied and currently generating $2,300 per month in rental income. Unit 1 offers 3 bedrooms, 1.5 bathrooms, a spacious living area, and rents for $1,500 per month. Unit 2 features 2 bedrooms, 1 full bathroom, and rents for $800 per month. Both units are on month-to-month leases, offering flexibility for the next owner. Each unit includes its own private entrance, separate driveway, and individual furnace and water heater. Utilities are separately metered, with tenants paying electric and gas. The owner currently covers water and sewer. bikeScore: 28, Somewhat Bikeable walkScore: 2, Car-Dependent

Property profile
Verified
Property type Duplexes
Year built 1945
UPID US43-Q005441
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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