Price Reduction
Address
931 S Fancher Street, Mt Pleasant, MI
Price
$ 363,900
Property Attributes
  • MLS#1919844
  • TypeMulti-Family
  • CountyISABELLA
  • CityMt Pleasant
  • AreaIsabella
  • NeighborhoodCity of Mt. Pleasant
  • Zip48858
  • Style2 Story,1 Story
  • Year Built1894
  • Taxes$ 4547
  • Price$ 363,900
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2404
  • Lot Size0.47 Acres
Data Source:
Northern Great Lakes REALTORS® MLS (NGLRMLS)
Property Description

LOOKING TO START YOUR INVESTMENT PORTFOLIO? LET THE TENANTS PAY YOUR MORTGAGE ON THE CAMPUS OF CMU WITH THIS 3 UNIT LICENSED RENTAL INCOME PRODUCING PROPERTY. YOU COULD HAVE TRI-PLEX INCOME IF YOU ARE AN INVESTOR. CURRENT OWNER OCCUPIES MAIN HOUSE AND HAS 2 INCOME STREAMS FROM THIS OFFERING. THIS OWNER HAS TALENT FIXING UP HIS REAL ESTATE WITH REFINISHED WOOD FLOORS, QUALITY PAINTED ROOMS THROUGH OUT THIS MAIN HOUSE AND APARTMENT. MAIN HOUSE (931) OFFERS SPACIOUS ROOMS,UPDATED FLOORING, A WELCOMING FRONT ENTRY PORCH, ENTERTAINING KITCHEN WITH BREAKFAST NOOK OVERLOOKING THE BACKYARD WITH LARGE WINDOWS, LARGE LIVING ROOM, AND LARGE DINING ROOM. MAIN FLOOR BEDROOM IN 931 COULD BE AN OFFICE OR DEN. BOTH BATH RMS UPDATED. 2ND FLOOR HAS MASTER ON-SUITE OFFERS FRESHLY REMODELED BATHROOM WITH NEW WALKIN CLOSET AND 2 OTHER LARGE BEDROOMS.NEW CARPETING IN THIS MAIN HOUSE WITH ALL FRESHLY PAINTED WALLS CEILINGS, PORCH. SO MUCH LOVE AND MONEY PUT INTO THIS HOME WITH NEW FURNACE (CARRIER) NEW CENTRAL AIR, UPDATED ELECTRICAL, UPDATED PLUMBING, MANY NEW WINDOWS, NEW KITCHEN HARDWARE, & NEW KITCHEN STOVE! GREAT ENTERTAINING BACKYARD PRIVACY FENCE, WITH TWO SELF WATERING NEW LARGE RAISED GARDENS. 931 1/2 APT: HAS NEW WINDOWS IN APARTMENT, NEW BATHROOM, BUILT IN FRIDGE, AND NEW FLOORING. OTHER IS BEDROOM AND FAMILY ROOM IS 13.4X10. 505 E GAYLORD HOUSE (EAST SIDE) HAS 3 BED, 1 BATH 1350 SQ FT. CURRENT RENTS TOTAL $1600/MO. YOU COULD RENT THE MAIN HOUSE FOR 1600-2000 /MO. AND COLLCT $3200 PER MONTH POTENTIALLY!!! NATURAL LIGHT, NATURAL GAS, SPECTRUM HIGH SPEED INTERNET OFFERED, REPLACEMENT WINDOWS, LOTS OF UPDATES, CORNER LOT, ON CAMPUS OF CMU. GREAT INVESTMENT! TWO HOMES WITH THIS PACKAGE. 931 S FANCHER & 931 1/2 S FANCHER ($231,900 mkt val.) 505 GAYLORD WAS RECENTLY SPLIT OFF THE MAIN PARCEL (505-Mtk value $135k). ALL THREE UNITS MUST SELL TOGETHER. GRAB THIS BEFORE ITS GONE!!!! ALL MEASUREMENTS ARE M/L AND BUYER TO VERIFY.

Price History
3/4/2024 Listed $366,900
4/23/2024 1% - $363,900

General Features

Roof Asphalt
Zoning Multi-Family
Sewer Municipal
Construction Frame
School District Mount Pleasant City School District
Energy Efficient Not Applicable

Interior Features

Basement Michigan Basement
Interior Features Formal Dining Room,Island Kitchen,Bay Windows

Exterior Features

Exterior Features Patio,Garden Area,Porch,Screened Porch,Gutters
Water Features None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 48858

Price
AVG $180K
$360K
Taxes
AVG $3,409
$4,547
Visits
AVG 53
57
Data Provided by Inside Real Estate®
Year Built
AVG 1917
1894

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