Back 507 South Main Street
Off Market

507 South Main Street

Mount Pleasant MI 48858

400 sq. ft.
0.19 ac.
Multi-Family
Last sold for $207,000
Keith CotterKeith Cotter, last sold this property on 30 May 2014 after -3781 days on market.

Overview

Great investment opportunity located right between University and Downtown. Eight one bedroom rentals in one building. Well cared for. Each has own private entrance, kitchen, and bath. Two of the six are studio apartments. Always 100% rented. Currently rented from $450-$475 per unit. Landlord pays all utilities. Professionally managed by Douglas Day Property Group.

Features

400 sq. ft. floor area
0.19 ac. lot size
Multi-Family

Estimated Value

Based on this property and similar multi families sold in Mount Pleasant over the last 12 months, the estimated median property value of 507 South Main Street is $165k.

Median value
$165k
Estimated value range
$85k - $685k
Median days on market
82
Estimated value trend
-3%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Mount Pleasant. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 507 South Main Street

2014
Sold
$207,000
30 May 2014 by Keith Cotter, of DOUGLAS DAY PROPERTY GROUP

Happy sellers in Mount Pleasant

90%
90% of sellers in Mount Pleasant reported that their sale price either exceeded or met their price expectations.

Mount Pleasant stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Mount Pleasant over the last 12 months.

Local market activity for multi families in Mount Pleasant

In the last 12 months, 21 multi families similar to 507 South Main Street, have been sold.

This represents a 20% increase in multi families sales when compared to the previous 12 months.

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