MI > Mount Pleasant > Mi
Mount Pleasant, MI 48858,5045 W Remus Road
Mount Pleasant, MI 48858,5045 W Remus Road
Mount Pleasant, MI 48858,5045 W Remus Road
Mount Pleasant, MI 48858,5045 W Remus Road
Mount Pleasant, MI 48858,5045 W Remus Road
Mount Pleasant, MI 48858,5045 W Remus Road
Jackie Jones Kapuscinski
Jackie Jones Kapuscinski

+1(419) 260-2806

GET MORE INFORMATION

Full Name
Phone*
Message
We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.

$ 685,000

$ 699,900 2.1%

Est. payment | /mo

700 SqFt

$ 685,000

$ 699,900 2.1%

Est. payment | /mo

700 SqFt

Key Details

Sold Price $685,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 700 sqft

Price per Sqft $978

Subdivision Mi

MLS Listing ID 80056617

Sold Date 10/06/25

Style 2 Story

Year Built 2006

Annual Tax Amount $15,897

Lot Size 3.180 Acres

Acres 3.18

Lot Dimensions 180X470

Property Sub-Type Multi-Family

Property Description

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

Location

State MI

County Isabella

Area Deerfield Twp (37005)

Zoning Residential

Interior

Heating Baseboard

Appliance Range/Oven, Refrigerator

Building

Story 2 Story

Foundation Crawl, Slab

Water Private Well

Schools

School District Chippewa Hills School District

Others

Ownership Private

Energy Description Electric

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by DOUGLAS DAY PROPERTY GROUP
Bought with PRAEDIUM REALTY ROBIN STRESSMAN & ASSOCIATES
Jackie Jones Kapuscinski

"I am here to help you every step of the way. Whether you are a first time home buyer or an experienced home owner, my goal is to make the process stress free and help you find the home of your dreams."

+1(419) 260-2806

jackie@jackiejonesrealtor.com

1910 IndianWood Circle, Maumee, OH, 43537, USA

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Serenity Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

5045 W Remus Road