501 S University

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Source: MiRealSource

Originating MLS: MiRealSource

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NGL-C00471

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 youâ€™re a seasoned investor or looking to expand your portfolio, this turnkey property offers immediate income and long-term growth potential. Donâ€™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

Property Information

Property Details

Location

Address

501 S University

County

Isabella

City

Mount Pleasant

Zip Code

48858-0000

Subdivision

Mount Pleasant (37018)

School District

Mt Pleasant City School District

MLS Area

Mount Pleasant (37018)

Listing provided by THE BRAVADO REALTY

Interior Features

Heating and Cooling

Cooling

Window Unit(s)

Heating

Forced Air, Hot Water

Building

Building Information

Year Built

1900

Stories

Financial

Special Conditions

Standard

501 S University, Mount Pleasant, MI 48858-0000

Market Report for 48858-0000