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About This Home

This 0-bedroom, 0-bathroom residential multi family at 1019 E Broadway Street in Mount Pleasant, MI is listed for $969,900 ($73 per sqft). the home offers 13,200 sqft of living space on a 1.35 acres lot.

Agent Description

Broadway Apartments is a 15-unit multifamily investment opportunity strategically located along East Broadway in Mount Pleasant, one of Central Michigan's strongest rental markets. The property benefits from its proximity to major employment, education, and entertainment drivers, including Central Michigan University, Soaring Eagle Casino & Resort, and convenient access to US Highway 127, providing connectivity throughout the region.

The asset presents investors with an attractive value-add opportunity through a combination of interior unit upgrades and continued rent optimization. Current ownership has established a stable operating foundation, while future ownership can capitalize on the property's upside potential by implementing strategic renovations, modernizing unit interiors, enhancing common areas, and increasing rents toward market levels as leases renew.

These improvements have the potential to drive increased cash flow and long-term asset appreciation. Mount Pleasant continues to demonstrate strong rental demand due to its diverse economic base, anchored by higher education, healthcare, gaming, hospitality, and regional employers.

The property's location offers residents convenient access to shopping, dining, employment centers, and recreational amenities, making Broadway Apartments well-positioned to attract and retain tenants. Broadway Apartments represents an opportunity to acquire a well-located multifamily asset with existing cash flow, operational stability, and a clear path to increasing net operating income through thoughtful asset management and targeted capital improvements.

Key Features

  • 1.35 acre lot
  • 1 parking spaces

Property Details

1 space

Amenities

Basement

Monthly Cost Estimate

$5,187/mo

20% down · 6.5% · 30 years

Principal$701
Interest$4,203
Insurance$283

Estimates only. Actual payments may vary.

Location

1019 E Broadway Street

Mount Pleasant, MI 48858

Features & Amenities

Interior Features

None

Property Details

Parking

None

Appliances

RangeRefrigerator

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 1019 E Broadway Street is listed at $969,900 ($73/sqft). The estimated monthly payment is $4,203 based on 20% down at 6.5% interest.

Key features include: 1.35 acre lot, 1 parking spaces. Interior Features: None.

This property is listed by Keith Cotter and can be reached at 9894006215 or keithdcotter@me.com.

KC

Keith Cotter

Agent at Keller Williams of NM Signature Group

(989) 400-6215

Listed by Keller Williams of NM Signature Group · View on Broker Site

MLS# 1946983· Source: listhub· Updated 3 days ago

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1019 E Broadway Street, Mount Pleasant, MI 48858

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