Mount Pleasant, MI 48858,5045 W Remus RD
Mount Pleasant, MI 48858,5045 W Remus RD
Mount Pleasant, MI 48858,5045 W Remus RD
13
$699,900
Est.Price: ?

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700 SqFt

5045 W Remus RD Mount Pleasant, MI 48858

Est. payment /mo
SOLD DATE : 10/06/2025

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Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Sold

Purchase Type For Sale

Square Footage 700 sqft

Price per Sqft $978

MLS Listing ID 79080056617

Sold Date 10/06/25

Style Apartment

Year Built 2006

Lot Size 3 Sqft

Property Sub-Type MultiFamily

Property Description

Exceptional 10-Unit Investment Property Just West of Mt. Pleasant â€" Strong Income Potential in a Peaceful Country Setting Located just a short drive west of Mt. Pleasant, this 10-unit multifamily investment property offers a rare combination of steady rental income, future development potential, and serene rural surroundings. The property sits on a large parcel of land in a quiet, country setting, providing tenants with a peaceful lifestyle while still being close to city amenities, shopping, and employment hubs. Each of the ten units is thoughtfully designed, featuring two comfortable bedrooms and one full bathroom, making them ideal for individuals, small families, or retirees. The units are well-maintained and consistently rented, with demand driven by the appealing location and practical layout. One of the standout features of this property is the abundant land surrounding the current buildings. There is ample space available for future expansion, including the potential to build additional multifamily buildings or other complementary structures (pending any necessary approvals), which could significantly increase rental income and property value over time. From an operational standpoint, the setup is investor-friendly. Tenants are responsible for their own electricity and heating, which helps reduce the overall operating expenses for the owner. The landlord only covers the electric bill for the shared well system, along with trash service, both of which are manageable fixed costs. Because the property uses a private septic system, there are no monthly sewer charges, further lowering expenses and increasing net cash flow. Additional passive income is generated through the coin-operated laundry machines, conveniently located in two of the buildings. These machines bring in an average of approximately $250 per month, adding another steady revenue stream to the overall income picture. Whether you're looking to hold a stable income-producing asset, expand your

Location

State MI

County Isabella

Area Area37101Deerfieldtwp

Interior

Heating Baseboard, Electric

Exterior

View Y/N No

Building

Foundation CrawlSpace, Slab

Sewer SepticTank

Water Well

Schools

School District Chippewahills

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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Realcomp MLS
Listed by Keith D Cotter of DOUGLAS DAY PROPERTY GROUP
Bought with PRAEDIUM REALTY ROBIN STRESSMAN & ASSOCIATES

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Cyrus Wheeler

Cyrus Wheeler

Broker | License ID: 6501414673

+1(248) 885-2646

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