720 Saint Clair Street presents an opportunity to acquire an income-producing residential asset with future flexibility. The property is currently leased and operated as a single-family residence, generating $1,600 per month under a two-year lease, while retaining characteristics that may support a return to a two-unit configuration subject to local requirements and approvals. Recent improvements include new kitchen cabinets and new carpet, helping reduce near-term upgrade needs. The property contains two utility meter sets, two furnaces, and two water heaters, providing infrastructure that supports its historical use as a two-unit rental. Two separate entrances from the porch along the driveway further enhance the property's functional flexibility. Investors can benefit from existing rental income while evaluating future occupancy or configuration options. Located within the City of Lapeer, the property offers convenient access to downtown services, shopping, employment centers, and regional transportation routes, including M-24 and nearby I-69. Lapeer serves as the county seat and provides connectivity to the broader Southeast Michigan region, supporting long-term residential rental demand. The combination of existing cash flow, recent interior updates, and the potential for alternative occupancy arrangements creates an attractive opportunity for investors and owner-operators alike. Land contract terms may also be considered.