Description
Two rental adjacent properties (15 total beds) located less than 3 blocks from Central Michigan University. Combined monthly rent of $3,955 across the 3 units. Strong rental history. 200 feet of combined frontage on W High St (M-20). Walking distance to downtown Mt Pleasant and central business district (Mission St). Multiple opportunities for redevelopment (see attached PDF). Mt. Pleasant's CD-4 regulations allow for up to 14 units (56 beds). On-site parking. Additional CMU commuter parking 2 blocks away. Further detail included in the opportunity overview (Also attached PDF). Listing price includes 802 Washington, 805 Douglas and 805 1/2 Douglas.
Location
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$115,000
1,223 Sq ft
MLS# 79080011284
Accepting Backup Offers
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Listing Agent: Helen MacGregor
Listing Office: PRAEDIUM REALTY ROBIN STRESSMAN & ASSOCIATES
