111 Kibbee Street, Mount Clemens, MI 48043
Local realty services provided by:CENTURY 21 Dynamic Realty
111 Kibbee Street,Mtclemens, MI 48043
$220,000
- - Beds
- 3 Baths
- 2,176 sq. ft.
- Multi-family
- Active
Listed by: lucine tarman
Office: home headquarters
MLS#:20261030035
Source:MI_REALCOMP
Price summary
- Price:$220,000
- Price per sq. ft.:$101.1
About this home
*** INVESTMENT OPPORTUNITY – FULLY LEASED, UPDATED 2-UNIT MULTI-FAMILY! ***.
Don’t miss this income-generating, two-unit property featuring a spacious 3-bedroom upper unit (currently rented at $1,100/month which includes the basement space) and a freshly renovated 2-bedroom lower unit (currently leased for $1,050/month which includes a 2-Car Garage). Each unit has been thoughtfully updated with clean, modern bathrooms, newer kitchen cabinets and granite countertops. The entire interior is freshly painted, with newer flooring on the main level and refinished hardwood floors upstairs.
Major mechanical and structural upgrades include a new furnace (upper unit – 11/13/2024), new hot water tank (lower unit – 11/20/2023), main sewer line replacement (10/13/2021), and gutter replacement (Spring 2020)—giving you peace of mind for years to come. The property also features a newer 2-car garage door and plenty of curb appeal.
**POTENTIAL RENT GROWTH!!**: Current gross rents of $26,640 annually. Updated units with future rental upside. Comparable 3-bedroom rentals in the area are achieving $1,350-$1,450+ per month, offering investors the opportunity to increase revenue as leases renew. The lower 2-bedroom unit includes access to a two-car garage, which provides an additional opportunity for income growth. Potential Future Gross:
$2,400-$2,600/month. $28,800-$31,200 annually. Whether you're an investor seeking strong rental returns or a buyer looking for a live-in income property, this one checks all the boxes! Rent rolls available upon request. Fantastic Investment opportunity!! Buyer and Buyer Agent to verify all information. 48 hours notice to show, please. ** 3-bedroom unit lease expires 6/30/26. 2-bedroom unit lease expires 5/31/27 **...
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Home facts
- Year built:1925
- Listing ID #:20261030035
- Added:32 day(s) ago
- Updated:June 14, 2026 at 10:07 AM
Rooms and interior
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Basement Description:Partial, Unfinished
- Living area:2,176 sq. ft.
Heating and cooling
- Cooling:Central Air, Window Units
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Asphalt
- Year built:1925
- Building area:2,176 sq. ft.
- Lot area:0.13 Acres
- Architectural Style:Upper Lower Apartment
- Construction Materials:Aluminum Siding
- Exterior Features:Lighting, Porch, Private Entrance
- Foundation Description:Basement, Block
- Levels:Three
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$220,000
- Price per sq. ft.:$101.1
- Tax amount:$4,471
Features and amenities
- Laundry features:In Unit
Parking
- Total parking spaces:2
- Parking description:Garage, Lighted
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