Description
100% occupied rental properties (15 total beds) located less than 3 blocks from Central Michigan University. Leases signed through 7/31/2024. Combined monthly rent of $3,955 across the 3 units. Strong rental history. 200 feet of combined frontage on W High St (M-20). Walking distance to downtown Mt Pleasant and central business district (Mission St). Multiple opportunities for redevelopment (see attached PDF). Mt. Pleasant's CD-4 regulations allow for up to 14 units (56 beds). On-site parking. Additional CMU commuter parking 2 blocks away. Further detail included in the opportunity overview (Also attached PDF). Listing price includes 802 Washington, 805 Douglas and 805 1/2 Douglas.
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0BEDS
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0.4ACRES
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0BATHS
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01/2 BATHS
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4,138SQFT
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$106$/SQFT
Description
100% occupied rental properties (15 total beds) located less than 3 blocks from Central Michigan University. Leases signed through 7/31/2024. Combined monthly rent of $3,955 across the 3 units. Strong rental history. 200 feet of combined frontage on W High St (M-20). Walking distance to downtown Mt Pleasant and central business district (Mission St). Multiple opportunities for redevelopment (see attached PDF). Mt. Pleasant's CD-4 regulations allow for up to 14 units (56 beds). On-site parking. Additional CMU commuter parking 2 blocks away. Further detail included in the opportunity overview (Also attached PDF). Listing price includes 802 Washington, 805 Douglas and 805 1/2 Douglas.
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2023 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2023-09-22T13:52:17.52.