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805 Douglas Street

Mount Pleasant MI 48858

0.23 ac.
Multi-Family
Currently for sale - view listing

Overview

INVESTOR OPPORTUNITY. Located just 2.5 blocks from Central Michigan University, this front-and-back duplex offers a total of 12 bedrooms and 3 bathrooms across two attached units, making it a highly desirable rental property. Situated on Douglas Street, which connects to W. Bellows Street at the north end of campus, the property is also within walking distance of downtown Mt. Pleasant. The front unit has hardwood floors and features a living room, dining room, laundry room, kitchen and 8 bedrooms and 2 full baths. The rear unit has a living room, kitchen, bathroom and 4 bedrooms. The property features on-site parking for tenant convenience and is fully rented, providing immediate income for the new owner. Professional property management is already in place, ensuring a seamless transition and hassle-free ownership experience. Gross rents currently are in excess of $27,000/year. This is an excellent opportunity to invest in a well-maintained, high-demand rental property in the heart of a thriving college town. Schedule your showing today to explore the potential of this prime real estate offering.

Features

0.23 ac. lot size
Multi-Family

Property history for 805 Douglas Street

2023
Sold
$186,850
19 Dec 2023 by Helen Macgregor, of PRAEDIUM REALTY ROBIN STRESSMAN & ASSOCIATES

Happy sellers in Mount Pleasant

94%
94% 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 3 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 805 Douglas Street, have been sold.

This represents a 31% decrease in multi families sales when compared to the previous 12 months.

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