119-121 N Bachus St Corunna, MI 48817
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.