5045 W Remus Road

Mount Pleasant, Michigan 48858

  • 0 Bed(s)
  • 0 Bath(s)
  • 700 Sqft
  • 3.18
    Acres(Lot)
$699,900

Description

Exceptional 10-unit investment property just west of mt. pleasant â€" 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

  • Property Type

    Multifamily

  • County

    Isabella

  • Style

    Apartment

  • AD ID

    49611978

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Property Details

  • Heating & Cooling

    • Heating: Baseboard
    • Heating Fuel: Electric

  • Building Information

    • Year Built: 2006
    • Building Stories: 2 Story
    • Total Units: 10
    • Foundation/Basement: Crawl,Slab
    • Architecture: Apartment

    Exterior Features

    Utility Features

    • Sewer: Septic Tank (Existing)

    Water

    • Well (Existing)

  • Lot Information

    • Lot Size: 3.18
    • Dimensions: 180X470

    Property Information

    • SQ ft: 700
    • Subdivision: NONE
    • Financing: Cash

  • Listing Price Information

    • Original List Price: $699,900

    Listing Information

    • Possession: Subject To Tenant Rights
    • Legal Description: T14N R5W SEC 19 COM S 86DEG 42MIN 28SEC W 181.5FT FROM NE COR SEC 19 TH S 0DEG 19MIN 31SEC E 538FT TH S 86DEG 42MIN 28SEC W 332FT TH N 0DEG 19MIN 31SEC W 274FT TH N 86DEG 42MIN 28SEC E 150.5FT TH N 0DEG 19MIN 31SEC W 264FT TH N 88DEG 42MIN 28SEC E 181.5FT

  • Tax Information

    • Annual Tax: $15,897
    • Parcel Number: 050192000505

    Possession

    • Subject To Tenant Rights

    Legal Information

    • Legal Description: Section: T14N R5W SEC 19 COM S 86DEG 42MIN 28SEC W 181.5FT FROM NE COR SEC 19 TH S 0DEG 19MIN 31SEC E 538FT TH S 86DEG 42MIN 28SEC W 332FT TH N 0DEG 19MIN 31SEC W 274FT TH N 86DEG 42MIN 28SEC E 150.5FT TH N 0DEG 19MIN 31SEC W 264FT TH N 88DEG 42MIN 28SEC E 181.5FT

  • Utility Information

    • Water:Well (Existing)
    • Sewer:Septic Tank (Existing)
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BuyOwner last updated this listing 05/10/2025 @ 00:33

  • MLS: 626001260
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 0 bedrooms which is for sale, it has 700 sqft, 3 sized lot, and 0 parking. are nearby neighborhoods.