501 S University
Mt. Pleasant, Michigan 48858
0
Bed
0
Bath
0.18Acre(Lot)
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 locat
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Heating & Cooling
Cooling: Window Unit(s) Heating: Forced Air,Hot Water Heating Fuel: Natural Gas
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Building Information
Year Built: 1900 Building Stories: 2 Story Total Units: 5 Foundation/Basement: Basement,Michigan Basement Architecture: Apartment -
Exterior Features
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Utility Features
Sewer: Sewer (Sewer-Sanitary) -
Water
Public (Municipal)
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Lot Information
Lot Size: 0.18 Lot Dimensions: 70x115 -
Property Information
Subdivision: N/A Financing: Cash,FHA,VA,Trade/Exchange
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Listing Price Information
Original List Price: $375,000 -
Listing Information
Possession: Subject To Tenant Rights Legal Description: BENTLEY ADD LOT 5 BLOCK 8. NOTE: RENTAL - __ UNITS/__ OCC
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Tax Information
Parcel Number: 170000205200Possession
Subject To Tenant RightsLegal Information
Legal Description: Section: BENTLEY ADD LOT 5 BLOCK 8. NOTE: RENTAL - __ UNITS/__ OCC
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School Information
School District: Mt. Pleasant -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1825 A8 S Crawford Road , Mt. Pleasant, MI, 48858 | $85,000 | -- | -- | 1,554 | 1,554 SqFt |
| 1825 D7 S Crawford Road , Mt. Pleasant, MI, 48858 | $85,000 | -- | -- | 1,552 | 1,552 SqFt |
| 415 S Franklin , Mount Pleasant, MI, 48858 | $160,000 | -- | -- | -- | |
| 510 S Main , Mount Pleasant, MI, 48858 | $220,000 | -- | -- | -- | |
| 805 S Douglas Street , Mount Pleasant, MI, 48858 | $199,900 | -- | 3 | 2,434 | 2,434 SqFt |
| 1020 S Lansing , Mount Pleasant, MI, 48858 | $245,000 | -- | -- | -- | |
| 1504 Lyons Street , Mt. Pleasant, MI, 48858 | $114,900 | -- | -- | 770 | 770 SqFt |
| 706 S Arnold Street , Mt. Pleasant, MI, 48858 | $239,900 | -- | -- | -- |
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ByOwner last updated this listing 06/08/2026 @ 23:47
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