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    721 N University Street

    Mt Pleasant, MI 48858
    • $155,000
    • STATUS: Active
    • ON SITE: 22 days
    • MLS #: 1886073
    $155,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,634
      SQFT
    • $95
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1894
    County:
    Area:

    School Ratings & Info

    Description

    Triplex in the city that could bring in almost $2000/month; you could live in 1 unit and have the 2 other units pay your mortgage! This 1624 total sq ft home is on a huge lot, with separate parking areas off Palmer and University, a storage shed, and a fenced pet area that is shared with unit 1 & 2. Located within walking distance to downtown and in a residential area! Unit 1 is a 2 bedroom 1 bath currently rented for $700/month with tenant paying utilities, has a washer dryer hookup, 1 bedroom downstairs and 1 huge bedroom & bathroom upstairs, there is also an extra 4'x5' storage room off the kitchen and a 1.5 year old furnace. Pictures of Unit 1 upstairs bedroom are from approx 2 years ago, walls have been repainted and floors are replaced since then. Unit 2 is currently vacant by design and could be rented for $750/month - this unit is a 2 bedroom 1 bath as well, with an additional 4'x5' storage room off the back, both bedrooms and large bathroom are upstairs. Unit 3 is a studio and is currently rented for $500/month but could get $525. Landlord pays utilities for unit 2&3, and share a driveway/parking area that is large enough for 4 cars. Furnaces in unit 1&2 are ducted, unit 3 has a wall furnace. All appliances stay in the units. Front porch roof is in process of being reshingled with new boards too.

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    The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2021 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2021-05-05T23:51:53.827.
    www.c21northland.com/homes/116053139
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    721 N University Street Mt Pleasant, MI 48858

    • Price: $155,000
    • Status: Active
    • MLS #: 1886073
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    1,634
    SQFT
    $95
    $/SQFT
    1894
    Built
    Neighborhood:
    Bennett's Addition
    County:
    Isabella
    Area:
    Isabella
    School District:
    Mount Pleasant City School District
    Property Description
    Triplex in the city that could bring in almost $2000/month; you could live in 1 unit and have the 2 other units pay your mortgage! This 1624 total sq ft home is on a huge lot, with separate parking areas off Palmer and University, a storage shed, and a fenced pet area that is shared with unit 1 & 2. Located within walking distance to downtown and in a residential area! Unit 1 is a 2 bedroom 1 bath currently rented for $700/month with tenant paying utilities, has a washer dryer hookup, 1 bedroom downstairs and 1 huge bedroom & bathroom upstairs, there is also an extra 4'x5' storage room off the kitchen and a 1.5 year old furnace. Pictures of Unit 1 upstairs bedroom are from approx 2 years ago, walls have been repainted and floors are replaced since then. Unit 2 is currently vacant by design and could be rented for $750/month - this unit is a 2 bedroom 1 bath as well, with an additional 4'x5' storage room off the back, both bedrooms and large bathroom are upstairs. Unit 3 is a studio and is currently rented for $500/month but could get $525. Landlord pays utilities for unit 2&3, and share a driveway/parking area that is large enough for 4 cars. Furnaces in unit 1&2 are ducted, unit 3 has a wall furnace. All appliances stay in the units. Front porch roof is in process of being reshingled with new boards too.
    Exterior Features

    Additional Buildings Garden/Storage Shed Construction Frame Exterior Features SidewalkCovered PorchDog Pen Exterior Finish Vinyl Siding Lot Dimensions 66X130 Primary Garage Over 1 Space Per Unit Road BlacktopPublic Maintained Roof Asphalt Water Features None

    Interior Features

    Appliances Equipment RefrigeratorOven/RangeCeiling FanElectric Water Heater Bath A 1 Bath B 1 Bath C 1 Bdrm A 2 Bdrm B 2 Bdrm C 1 Fireplace And Stoves None Foundation Crawl Space Heating Cooling Type Forced AirWall Interior Features Laundry Hook-Up

    Property Features

    Deeded Waterfront No Development Amenities None Documents On File Lbp DisclosureSellers Disclosure Gross Operating Income 23400 Heating Cooling Sources Natural Gas Included In Lease Exterior MaintenanceOther Lease Terms Month-To-Month Listing Agreement Type Exclusive Right To Sell Mineral Rights No Monthly Income Amount A 700 Monthly Income Amount B 750 Monthly Income Amount C 500 Possession Subject To Tenants Right Property Type Triplex Section Number 15 Sewer Municipal Style 2 Story Summer Taxes 2323.16 Terms CashConventional Mortgage Total Taxes 3019.49 Township City Of Mt. Pleasant Tv Service Internet Avail Unknown Type Of Ownership Private Owner Univs Design Barrier Free None Water Municipal Winter Taxes 696.33 Zoning Use Restrictions Residential



    The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2021 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2021-05-05T23:51:53.827.
     
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    241 E State Street
    Traverse City MI, 49684