501 S University, Mt Pleasant, MI 48858
501 S University, Mt Pleasant, MI 48858
501 S University, Mt Pleasant, MI 48858
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Kyle O'Grady

Kyle O'Grady

+1(231) 499-9999
Listed by  THE BRAVADO REALTY
$329,900
Est. payment /mo
3,725 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,725 sqft

Price per Sqft $88

MLS Listing ID 1940950

Year Built 1900

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Multi Family

Property Description

Fully Occupied 5-Unit Investment Property on a Corner Lot with Proven Rental History. Fully leased until 2027, with management with good track record in place! Exceptional investment opportunity! This fully occupied 5-unit multifamily property sits proudly on a prime corner lot, offering excellent visibility and curb appeal. With a strong rental history and stable, long-term tenants, this property delivers consistent cash flow and minimal vacancy. Each unit is well-maintained and thoughtfully designed, featuring functional layouts that attract and retain quality renters. The property has been professionally managed and regularly updated, ensuring low maintenance costs and tenant satisfaction. Additional highlights include separate utilities, ample off-street parking, and a convenient location close to public transportation, shopping, and local amenities. Whether you're a seasoned investor or looking to expand your portfolio, this turnkey property offers immediate income and long-term growth potential. Don't miss your chance to own a solid, income-producing asset in a desirable neighborhood! Unit 1 800 square foot 3 bed 1 bath Unit 2 700 square foot 2 bed 1 bath Unit 3 900 square foot 3 bed 1 bath Unit 4 450 square foot 1 bed 1 bath Unit 5 1000 square foot 4 bed 1 bath Rents Currently $500-$900 per month Leases are signed in place until 2027

Location

State MI

Community None, Pets Allowed

Rooms

Basement Partial, Michigan Basement

Interior

Interior Features Storage, Drywall, Cable TV, High Speed Internet, DSL, WiFi

Heating Forced Air, Hot Water, Natural Gas

Flooring Hardwood

Fireplaces Type None

Fireplace false

Appliance Refrigerator, Oven/Range

Exterior

Exterior Feature None

Community Features None, Pets Allowed

Waterfront Description Public

Roof Type Asphalt

Garage false

Building

Story Two

Foundation Block

Sewer Public Sewer

Water Public

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Kyle O'Grady

Kyle O'Grady

+1(231) 499-9999

Team Leader, REALTOR® | License ID: 6501407456

Team Leader, REALTOR® License ID: 6501407456

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