Two-story residence featuring light-toned siding and a prominent brick facade

Active

8721 N 2nd Street

Brighton, Michigan 48116

$425,000 $1,791/Mo

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Overview

Bed

Bath

2,041

Sqft

0.27

Acre(Lot)

Description

Looking for a premier investment property in Brighton, MI? This cash-flowing multifamily duplex is perfectly positioned just a short walk to the Mill Pond and popular shops and restaurants in downtown Brighton. The financials on this two-story farmhouse-style income property work beautifully right out of the gate. The building features two existing rental units, each with its own separate private entrance. Electric and Gas utilities are completely split, as the property is already equipped with two furnaces and two hot water heaters. The biggest draw for real estate investors is the massive value-add potential. The city building department has indicated it might be possible to convert the attached 4 car garage space into a brand-new two-bedroom, two-bathroom apartment. Completing this bu ild-out would add an estimated $1,850 a month to your rent roll, completely transforming your cap rate and forcing serious equity into the building.The property sits on a spacious 0.27-acre fenced lot in Livingston County. There is no shortage of tenant parking, featuring an oversized parking pad alongside two additional driveways. Whether you want a turnkey rental property for steady passive income or want to tackle the garage conversion to maximize your cash flow, this downtown Brighton real estate investment makes perfect sense.

Property Details

Property Type : Multifamily

Price : $425,000

AD Id : 88555060

MLS Id : 20261058496

Beds : 3

Lot Size : 0.27 Acre

Living Area Size : 2,041

Year Built : 1900

Garage : Garage

County : Livingston

Map

Features

Bathroom Information

Total Baths: 2 Full Baths: 2
Room Information

Porches: Porch

Interior Features

Circuit Breakers,Laundry Facility Roof: Asphalt Basement Description: Unfinished
Heating & Cooling

Cooling: Window Unit(s) Heating: Forced Air Heating Fuel: Natural Gas

Building Information

Year Built: 1900 Building Stories: 2 Story Total Units: 2 Roof: Asphalt Foundation/Basement: Basement,Michigan Basement Architecture: Farmhouse
Exterior Features

Fenced Construction: Aluminum
Utility Features

Sewer: Sewer (Sewer-Sanitary)
Water

Well (Existing)

Lot Information

Lot Size: 0.27 Lot Dimensions: 76X152 Frontage Feet: 76
Property Information

SQ ft: 2041 Financing: Cash,Contract,Conventional

Listing Price Information

Original List Price: $425,000
Listing Information

Possession: At Close Legal Description: SEC 30 T2N R6E PART OF THE SW 1/4 OF NW FRAC 1/4 OF SEC, BEG 24 RODS & 15 LINKS W OF THE W LINE OF GRAND RIVER AVE, TH W 9 RODS & 5 LINKS TO THE E LINE OF SECOND ST, TH N4 RODS, TH E 9 RODS & 5 LINKS, TH S 4 RODS TO POB. ALSO BEG AT A PT 4 RODS N OF A PT WHERE THE E & W 1/4 LINE OF SEC 30 JOIN THE E LINE OF SECOND ST, TH E 168 FT, TH N 10 FT, TH W 168 FT, TH S 10 FT TO POB. LOCATION: 8721 N. SECOND DDA 3

Tax Information

Annual Tax: $8,134 Parcel Number: 1830100030
Possession

At Close
Legal Information

Legal Description: Section: SEC 30 T2N R6E PART OF THE SW 1/4 OF NW FRAC 1/4 OF SEC, BEG 24 RODS & 15 LINKS W OF THE W LINE OF GRAND RIVER AVE, TH W 9 RODS & 5 LINKS TO THE E LINE OF SECOND ST, TH N4 RODS, TH E 9 RODS & 5 LINKS, TH S 4 RODS TO POB. ALSO BEG AT A PT 4 RODS N OF A PT WHERE THE E & W 1/4 LINE OF SEC 30 JOIN THE E LINE OF SECOND ST, TH E 168 FT, TH N 10 FT, TH W 168 FT, TH S 10 FT TO POB. LOCATION: 8721 N. SECOND DDA 3

Unit 1 Information

# of Bedrooms: 1
Unit 2 Information

# of Bedrooms: 1

School Information

School District: Brighton
Utility Information

Water: Well (Existing) Sewer: Sewer (Sewer-Sanitary)

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
725 Clark Street , Brighton, MI, 48116	$700,000	8	4	3,700	3,700 SqFt

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ByOwner last updated this listing 08/05/2026 @ 17:57

MLS: 20261058496 LISTED BY: Charles Younkin , Real Broker, LLC 855-450-0442 SOURCE: Realcomp II Ltd