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304 S Main, Mount Pleasant, MI 48858

Mount Pleasant
Local realty services provided by:CENTURY 21 Northland
304 S Main,Mount Pleasant, MI 48858
$934,900
  • - Beds
  • 12 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: stephan brochu
Office: re/max platinum - grand blanc
MLS#:61027184
Source:MI_REALSOURCE

Price summary

  • Price:$934,900

About this home

Turn-key fully occupied 12 unit rental portfolio with proven income generation ready for new ownership. Incredible investment opportunity with a lucrative 7.2% CAP rate! Fully occupied (photos are from when units were renovated.) Three well maintained multifamily properties containing 12 total units in the heart of Mount Pleasant are being sold TOGETHER as one package deal. Located within walking distance of Central Michigan University, these properties offer an excellent opportunity for student rentals and investment potential. 109 W. Illinois St. (170000049400) offers 5 units, 304 S. Main St. (170000049300) offers 4 units, and 433 S. Washington St. (170000202900) offers 3 units. All three properties are ideally located near CMU, restaurants, shopping and public transit, and have a strong historical record of full occupancy, making this a compelling opportunity for investors seeking an established multifamily portfolio.

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Home facts

  • Year built:1879
  • Listing ID #:61027184
  • Added:56 day(s) ago
  • Updated:October 30, 2026 at 10:40 AM

Rooms and interior

  • Total bathrooms:12
  • Full bathrooms:12
  • Basement Description:Block

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1879
  • Lot area:0.5 Acres
  • Construction Materials:Brick, Vinyl Siding
  • Exterior Features:Porch
  • Foundation Description:Basement, Block
  • Levels:2 Story

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$934,900
  • Tax amount:$16,606

Features and amenities

  • Amenities:Cable/Internet Available, DSL Available

Parking

  • Parking description:Lighted Parking
MLS LogoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. MI_REALSOURCE Member Broker: Brad Platt

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