304 S Main Street, Mount Pleasant, MI 48858

Mount Pleasant
Local realty services provided by:ERA Prime Real Estate Group
304 S Main Street,Mtpleasant, MI 48858
$934,900
  • - Beds
  • 12 Baths
  • 8,337 sq. ft.
  • Multi-family
  • Active
Listed by: stephan brochu
Office: re/max platinum - grand blanc
MLS#:20261071088
Source:MI_REALCOMP

Price summary

  • Price:$934,900
  • Price per sq. ft.:$112.14

About this home

Turn-key fully occupied 12 unit rental portfolio with proven income generation ready for new ownership. Incredible investment opportunity with a lucrative 7.2% CAP rate! Fully occupied (photos are from when units were renovated.) Three well maintained multifamily properties containing 12 total units in the heart of Mount Pleasant are being sold TOGETHER as one package deal. Located within walking distance of Central Michigan University, these properties offer an excellent opportunity for student rentals and investment potential. 109 W. Illinois St. (170000049400) offers 5 units, 304 S. Main St. (170000049300) offers 4 units, and 433 S. Washington St. (170000202900) offers 3 units. All three properties are ideally located near CMU, restaurants, shopping and public transit, and have a strong historical record of full occupancy, making this a compelling opportunity for investors seeking an established multifamily portfolio.

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Home facts

  • Year built:1879
  • Listing ID #:20261071088
  • Added:53 day(s) ago
  • Updated:October 27, 2026 at 10:07 AM

Rooms and interior

  • Total bathrooms:12
  • Full bathrooms:12
  • Basement Description:Unfinished
  • Living area:8,337 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1879
  • Building area:8,337 sq. ft.
  • Lot area:0.5 Acres
  • Architectural Style:Craftsman, Quadruplex, Triplex, Upper Lower Apartment
  • Construction Materials:Brick, Vinyl Siding
  • Exterior Features:Covered, Lighting, Porch
  • Foundation Description:Basement, Block
  • Levels:Two

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$934,900
  • Price per sq. ft.:$112.14
  • Tax amount:$16,606

Features and amenities

  • Amenities:High Speed Internet

Parking

  • Parking description:Lighted, Parking Lot
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