$699,000 For Sale

109 Illinois Street
Mount Pleasant, MI 48858

5 units | Multi Family Home
6534 sq ft lot - MLS# 25048541
Property Photo
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Description

Wonderful Downtown Mt. Pleasant Multi-families for sale. This sale is a two-property portfolio in a prime location sitting directly in the downtown district and just 5 minutes away from Central Michigan University. If you ever hoped to own college rental properties, here's your chance to get in small, grow big! 109 Illinois is a 5 unit property, fully occupied with a 3 Bedroom Terrace on the bottom floor, 1- and 2-bedroom units on the first floor, and a 1 Studio unit and a 2-bedroom unit on the second floor. In addition, the units have underwent many updates which include the kitchen, bathroom, fixtures, et cetera. 304 Main is directly next door and included in this sale!

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family
  • Listing Status: Active
  • County/Area: Isabella County
  • Zip Code: 48858
  • Year Built: 1922
  • School District: Isabella
  • Units: 5 units
  • # of Parking Spaces: 5
  • Fireplace: 1
  • Lot Size: 6534 sq ft lot
  • Basement Type: No
  • Construction Materials: Brick
  • Cross Street: Main
  • Heat Source: Natural Gas
  • Heat Type: Forced Air
  • Heating: Forced Air
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Lot Size Area: 0.15
  • Lot Size Square Feet: 6534
  • Lot Size Units: Acres
  • MLS Area Major: Isabella County - 27
  • MLS Area Minor: Isabella County - 27
  • Main Type: Multi Family
  • Number Of Buildings: 1
  • Number Of Diff Unit Floor Plans: 4
  • Owner Pays: Electricity, Gas
  • Parcel Number: 17-000-00-494-00
  • Possession: Close Of Escrow, Subject To Tenant Rights
  • Road Frontage: 66
  • SEV: 118700
  • Sewer: Public Sewer
  • Statewide Lakes Rivers: Lake Leroy
  • Tax Annual Amount: 6588
  • Tax Legal Description: ORIGINAL PLAT LOT 5 BLK 31 & 1/2 VAC ALLEY ABUT ON E
  • Tax Year: 2023
  • Terms Available: Cash, Conventional
  • Township: Isabella Twp
  • Util Availat Street: Public Sewer
  • Utilities: Natural Gas Connected
  • Water Body Name: Lake Leroy
  • Water Source: Public
Courtesy of Nathaniel Hudson, Shareholders Real Estate, Mana
Source: Michigan Regional Information Center (MichRIC)
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