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About This Home
This 0-bedroom, 0-bathroom residential multi family at 501 S University in Mt Pleasant, MI is listed for $375,000 ($101 per sqft). the home offers 3,725 sqft of living space on a 0.18 acres 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 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
Key Features
- 0.18 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$2,006/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
501 S University
Mt Pleasant, MI 48858-0000
Features & Amenities
Interior Features
Property Details
Heating
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 501 S University is listed at $375,000 ($101/sqft). The estimated monthly payment is $1,625 based on 20% down at 6.5% interest.
Key features include: 0.18 acre lot, 2 stories. Interior Features: Hardwood Floors, Storage Space, Drywall.
This property is listed by Mike Henkel and can be reached at 9894040000 or mike@the-bravado.com.




































