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About This Home

This 12-bedroom, 3-bathroom multi-family at 805 S Douglas in Mount Pleasant, MI is listed for $189,900 ($78 per sqft). Built in 1917, the home offers 2,434 sqft of living space on a 0.23 acres lot.

Agent Description

INVESTOR OPPORTUNITY. Located just 2.5 blocks from Central Michigan University, this front-and-back duplex offers a total of 12 bedrooms and 3 bathrooms across two attached units, making it a highly desirable rental property. Situated on Douglas Street, which connects to W.

Bellows Street at the north end of campus, the property is also within walking distance of downtown Mt. Pleasant. The front unit has hardwood floors and features a living room, dining room, laundry room, kitchen and 8 bedrooms and 2 full baths. The rear unit has a living room, kitchen, bathroom and 4 bedrooms.

The property features on-site parking for tenant convenience and is fully rented, providing immediate income for the new owner. Professional property management is already in place, ensuring a seamless transition and hassle-free ownership experience.

Gross rents currently are in excess of $27,000/year. This is an excellent opportunity to invest in a well-maintained, high-demand rental property in the heart of a thriving college town. Schedule your showing today to explore the potential of this prime real estate offering.

Key Features

  • Built in 1917
  • 0.23 acre lot
  • 2 stories

Property Details

2 stories
3 full
#805 1/2 Douglas
1917

Amenities

Basement

Monthly Cost Estimate

$1,016/mo

20% down · 6.5% · 30 years

Principal$137
Interest$823
Insurance$55

Estimates only. Actual payments may vary.

Location

805 S Douglas

Mount Pleasant, MI 48858

Nelson Add

Features & Amenities

Interior Features

Hardwood Floors

Exterior Features

PorchSidewalksStreet Lights

Property Details

Construction

Vinyl Siding

Parking

Unassigned

Heating

Forced Air

Appliances

DryerRangeRefrigerator

Questions & Answers

This 12-bedroom, 3-bathroom multi-family at 805 S Douglas is listed at $189,900 ($78/sqft). The estimated monthly payment is $823 based on 20% down at 6.5% interest.

Key features include: Built in 1917, 0.23 acre lot, 2 stories. Interior Features: Hardwood Floors. Exterior Features: Porch, Sidewalks, Street Lights.

This property is listed by Tom Webb and can be reached at 9894920650 or tom@tomwebb.com.

TW

Tom Webb

Agent at Century 21 Signature Realty Midland

(989) 492-0650

Listed by Century 21 Signature Realty Midland · View on Broker Site

MLS# 50189217· Source: listhub· Updated 525 days ago

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805 S Douglas, Mount Pleasant, MI 48858

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