Cash flowing Triplex with excellent rental history, and room for rental increases. 1026 unit has 2 bedrooms, 1 bath, rents for $700 per month, tenant covers utilities. 1024 has a 2 bedroom unit (newly vacant and turned, listed at $850) and a 1 bedroom unit, renting for $450, utilities covered by landlord. Occupied units are currently rented through summer 2021.
Off market
$201,300
1024 E Chippewa St, Mount Pleasant, MI 48858
--beds
3baths
2,368sqft
MultiFamily
Built in 1939
-- sqft lot
$201,300 Zestimate®
$85/sqft
$1,137 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 3
Heating
- Forced air, Gas
Cooling
- Wall
Appliances
- Included: Range / Oven, Refrigerator
Interior area
- Total interior livable area: 2,368 sqft
Property
Lot
- Size: 0.45 Acres
Details
- Parcel number: 170000963800
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1939
Utilities & green energy
- Sewer: Municipal
Community & neighborhood
Location
- Region: Mount Pleasant
Other
Other facts
- Sale/Rent: For Sale
- Type: Multi-Family
- APPLIANCES/EQUIPMENT: Refrigerator, Oven/Range
- HEATING/COOLING TYPE: Forced Air, Wall
- LEASE TERMS: Month-to-Month, Other
- (A) Liv Rm: Yes
- (B) Liv Rm: Yes
- (C) Liv Rm: Yes
- (A) Kit: Yes
- (B) Kit: Yes
- (C) Kit: Yes
- (A) Occupied: Yes
- (C) Occupied: Yes
- Section #: 17
- (A) Bath: 1
- (B) Bath: 1
- (C) Bath: 1
- Terms: Cash, Conventional Mortgage
- ROAD: Public Maintained, Blacktop
- ROOF: Asphalt
- WATER: Municipal
- STYLE: Apartment
- FOUNDATION: Partial, Slab, Michigan Basement
- HEATING/COOLING SOURCES: Natural Gas
- INCLUDED IN LEASE: Other
- TV SERVICE/INTERNET AVAIL: Cable TV
- ZONING/USE/RESTRICTIONS: Residential
- Type of Ownership: Private Owner
- CONSTRUCTION: Frame
- DOCUMENTS ON FILE: LBP Disclosure, Sellers Disclosure
- EXTERIOR FINISH: Aluminum Siding
- SEWER: Municipal
- Originating MLS: CMIAR
- ADDITIONAL BUILDINGS: Garden/Storage Shed
- MINERAL RIGHTS: Unknown
- Town: T 14N
- ENERGY EFFICIENT: Not Applicable
- EXTERIOR FEATURES: Sidewalk, Landscaped
- Range: R 4W
- RENEWABLE: Not Applicable
- WATER CONSERVATION: Not Applicable
- Variable Rate: Yes
- PROPERTY TYPE: Triplex