433 Washington St Mount Pleasant, MI 48858
- Commercial real estate
- 1,515 SF
- 0.13 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 433 Washington St
- Year built
- 1874
- Lot size
- 0.13 lot acres
- Property size
- 1,515 SF
- Property type
- Commercial real estate
- APN
- 17-000-02029-00
Description
This exceptional three-unit apartment building is situated in the heart of downtown Mount Pleasant, Michigan, at the corner of South Washington Street and Locust Street. Built in 1874, this two-story building sits on a 0.129-acre lot and boasts a total of 1,515 square feet. The property is currently 100% occupied, offering immediate cash flow. The asking price is $215,000, translating to $141.91 per square foot. The property is zoned CD-3 Sub-Urban. Each unit has undergone significant improvements. Unit 1e features a full remodel, including a new furnace, kitchen, bathroom, electrical panel, front door, and washer/dryer hookups. Unit 1w boasts a partial remodel with a new bathroom, kitchenette, refinished hardwood floors, and a new front door. Unit 2 includes a remodeled bathroom, new electrical panel, kitchen, light fixtures, cabinets, and a washer and dryer. This is a rare opportunity to acquire a well-maintained, income-producing property in a prime downtown location. The property's APN is 17-000-02029-00. This investment offers strong potential for continued growth and profitability.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mount Pleasant
- County
- Isabella
- State
- Michigan
- Longitude
- -84.7773901
- Latitude
- 43.6005346
