This duplex has a solid rental history and has a gross income of $19,140 per year, tenant pays gas/electric. Tenant's are on yearly leases making this the perfect turn key investment. The buildings second floor was renovated in 2023 the main floor was updated in 2021. The metal roof is approximately 5 years old. Exterior painted in 2024. Plenty of on site parking with a park directly across the street for tenants to enjoy.
The median home value in Sheridan, MI is $228,000. This is higher than the county median home value of $180,100. The national median home value is $338,100. The average price of homes sold in Sheridan, MI is $228,000. Approximately 75.5% of Sheridan homes are owned, compared to 15.39% rented, while 9.12% are vacant. Sheridan real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Sheridan real estate agent to arrange a tour today!
Sheridan, Michigan has a population of 839. Sheridan is more family-centric than the surrounding county with 29.3% of the households containing married families with children. The county average for households married with children is 28.85%.
The median household income in Sheridan, Michigan is $52,083. The median household income for the surrounding county is $54,803 compared to the national median of $69,021. The median age of people living in Sheridan is 39.3 years.
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 14.1 degrees. The average rainfall is approximately 34.5 inches per year, with 59.1 inches of snow per year.