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805 S Douglas St, Mount Pleasant, MI, 48858

12beds
3baths
2,434sqft
$189,900
$78price/sqft
$1,528/moest. monthly cost
$61,120/yrincome needed

About This Home

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.

Getting Around

71
WalkingVery Walkable
0
TransitVery Limited Transit
65
BikeBikeable

Schools

5/10
Fancher SchoolGrades 3-50.4 mi
7/10
8/10

Construction

Condition

  • Year built: 1917

Materials

  • Foundation: Basement,Crawl
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family,1 to 4 Units,Duplex,Investment

Interior

Appliances

  • Appliances included: Dryer,Range/Oven,Refrigerator,Washer,Gas Water Heater
  • Laundry features: First Floor,Laundry Room

Basement

  • Has basement: Yes
  • Basement: Block,MI Basement

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Formal Dining Room
  • Flooring: Hardwood

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 2,434
  • Total interior livable area: 2,434 sqft

Property

Details

  • Parcel number: 170001033300
  • Zoning description: Multi-Family

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Porch
  • Exterior features: Sidewalks,Street Lights
  • Waterfront features: None
  • Frontage length: 100

Lot

  • Lot size: 10,018 sqft
  • Features: Cleared,Sloped,Corner Lot,Main Street,Walk to School
  • Lot size dimensions: 100 x 100

Parking

  • Parking features: 3 or More Spaces,Unassigned