501 S University, Mt Pleasant, MI 48858
501 S University, Mt Pleasant, MI 48858
501 S University, Mt Pleasant, MI 48858
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$359,900
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7,840 Sqft Lot
Active

501 S University Mt Pleasant, MI 48858

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Heather Kelsey-Zumbrunnen

Heather Kelsey-Zumbrunnen

+1(810) 869-5243

UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Rent

MLS Listing ID 79080064147

Style Apartment

Year Built 1900

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type MultiFamily

Property Description

Fully Occupied 5-Unit Investment Property on a Corner Lot with Proven Rental History. Fully leased until 2027, with management with good track record in place! Exceptional investment opportunity! This fully occupied 5-unit multifamily property sits proudly on a prime corner lot, offering excellent visibility and curb appeal. With a strong rental history and stable, long-term tenants, this property delivers consistent cash flow and minimal vacancy. Each unit is well-maintained and thoughtfully designed, featuring functional layouts that attract and retain quality renters. The property has been professionally managed and regularly updated, ensuring low maintenance costs and tenant satisfaction. Additional highlights include separate utilities, ample off-street parking, and a convenient location close to public transportation, shopping, and local amenities. Whether you’re a seasoned investor or looking to expand your portfolio, this turnkey property offers immediate income and long-term growth potential. Don’t miss your chance to own a solid, income-producing asset in a desirable neighborhood! Unit 1 800 square foot 3 bed 1 bath Unit 2 700 square foot 2 bed 1 bath Unit 3 900 square foot 3 bed 1 bath Unit 4 450 square foot 1 bed 1 bath Unit 5 1000 square foot 4 bed 1 bath Rents Currently $500-$900 per month Leases are signed in place until 2027

Location

State MI

County Isabella

Area Area37112Mtpleasant

Rooms

Basement Block, Partial

Interior

Heating Forced Air, Hot Water, Natural Gas

Cooling Window Unit(s)

Flooring Hardwood

Fireplace No

Exterior

Parking Features Detached, Garage

View Y/N No

Building

Foundation Basement, Block, MichiganBasement

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Mt Pleasant

Others

Acceptable Financing Cash, FHA, Trade1031Exchange, VaLoan

Listing Terms Cash, FHA, Trade1031Exchange, VaLoan

Special Listing Condition Standard

Pets Allowed Yes

Realcomp MLS
©2026 Realcomp II Ltd. Shareholders
Listed by Mike Henkel of THE BRAVADO REALTY

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Heather Kelsey-Zumbrunnen

+1(810) 869-5243

homegirl@fullcircleregroup.com

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501 S University