About 111 Kibbee Street
*** 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 the garage space). 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. 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. Hurry - this opportunity won’t last!! 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 5/31/26 **
Features of 111 Kibbee Street
MLS® # | 20251020677 |
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Price | $249,900 |
Bathrooms | 3.00 |
Full Baths | 2 |
Half Baths | 1 |
Square Footage | 2,176 |
Acres | 0.13 |
Year Built | 1925 |
Type | Multifamily |
Sub-Type | Upper/Lower Apartment |
Style | Upper/Lower Apartment |
Status | Pending |
Community Information
Address | 111 Kibbee Street |
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Area | 03191 - Mount Clemens |
Subdivision | MARTIN CROCKERS FOURTH ADD |
City | Mt. Clemens city |
County | Macomb |
State | Michigan |
Zip Code | 48043 |
Amenities
Parking | Garage, Lighted |
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Is Waterfront | No |
Has Pool | No |
Interior
Heating | Forced Air, Natural Gas |
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Cooling | Central Air |
Fireplace | No |
Exterior
Exterior Features | Lighting, Private Entrance |
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Construction | Aluminum Siding |
Foundation | Basement, Block |
School Information
District | Mount Clemens |
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Additional Information
Foreclosure | No |
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Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Home HeadQuarters |
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Contact Info | lucine@tarmanco.com |