304 S Main ST, Mt. Pleasant, MI 48858
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304 S Main ST, Mt. Pleasant, MI 48858
304 S Main ST, Mt. Pleasant, MI 48858
304 S Main ST, Mt. Pleasant, MI 48858
304 S Main ST, Mt. Pleasant, MI 48858
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304 S Main ST Mt. Pleasant, MI 48858

12 Baths

8,337 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 8,337 sqft

Price per Sqft $112

MLS Listing ID 20261071088

Style Craftsman,Quadruplex,Triplex,Upper Lower Apartment

Full Baths 12

Year Built 1879

Lot Size 0.500 Acres

Acres 0.5

Property Sub-Type MultiFamily

Property Description

Turn-key fully occupied 12 unit rental portfolio with proven income generation ready for new ownership. Incredible investment opportunity with a lucrative 7.2% CAP rate! Fully occupied (photos are from when units were renovated.) Three well maintained multifamily properties containing 12 total units in the heart of Mount Pleasant are being sold TOGETHER as one package deal. Located within walking distance of Central Michigan University, these properties offer an excellent opportunity for student rentals and investment potential. 109 W. Illinois St. (170000049400) offers 5 units, 304 S. Main St. (170000049300) offers 4 units, and 433 S. Washington St. (170000202900) offers 3 units. All three properties are ideally located near CMU, restaurants, shopping and public transit, and have a strong historical record of full occupancy, making this a compelling opportunity for investors seeking an established multifamily portfolio.

Location

State MI

County Isabella

Area Area37112Mtpleasant

Rooms

Basement Unfinished

Interior

Interior Features HighSpeedInternet

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Exterior Feature Lighting

Parking Features Lighted, ParkingLot

Fence Fencing Allowed

Pool None

Community Features Sidewalks

Utilities Available CableAvailable

View Y/N No

Roof Type Asphalt

Garage false

Building

Foundation Basement, Block

Sewer Public Sewer

Water Public

Architectural Style Craftsman, Quadruplex, Triplex, Upper Lower Apartment

New Construction No

Schools

School District Mt Pleasant

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Call


Realcomp MLS
Listed by Stephan Brochu of RE/MAX Platinum - Grand Blanc
Katie Wright

Katie Wright

Broker Associate License ID: 387021

+1(248) 403-3182

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304 S Main ST