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5045 W Remus Road, Mt Pleasant, MI 48858

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For Sale

$699,900

7,000 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $99.99
    Price per square foot

Explore this Property

Exceptional 10-Unit Investment Property Just West of Mt. Pleasant 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
MLS# 1933284

Courtesy Of The Douglas Day Property Group, LLC
120 S. University, MOUNT PLEASANT, MI 48858
(989) 400-6215

Property Features

  • Appliances
    Range, Refrigerator
  • Architecture Style
    Other
  • Heating System
    Baseboard
  • Lot Size
    3.18 Acres
  • Roof Type
    Asphalt
  • Rooms
    Dining Room, Kitchen, Living Room

Map and Directions

Directions to 5045 W Remus Road, Mt Pleasant, MI 48858

Home seller CENTURY 21 Signature Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Signature Realty

(989) 772-9449
Learn More About Us

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Monthly Payment Breakdown

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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