Veterans United Realty
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931 & 931 1/2 S Fancher Street Lot 10 11, Mount Pleasant, MI 48858

$363,900 Asking Price

5 beds
2 baths
2,509  sqft
Built in 1894

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 BATHRMS 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.


Listing Status:
Active
Date Added:
March 3, 2024 — 110 days ago
Listing Office:
COLDWELL BANKER MT. PLEASANT REALTY, Deb Morris (989-621-8912)
Office Phone:
989-773-5972
MLS ID:
80015164

Features & Amenities

Interior

General:
Walk-In Closet,Window Treatment(s)
Rooms:
Den/Study/Lib,Workshop,Breakfast Nook/Room,Pantry,Formal Dining Room
Appliances:
Dishwasher,Disposal,Dryer,Range/Oven,Refrigerator,Washer
Basement:
Block,MI Basement,Partial,Stone
A/C:
Central A/C
Heating:
Natural Gas, Forced Air
Eco/Green Feature:
Appliances,Windows

Exterior

General:
Vinyl Siding, Fenced Yard,Patio,Porch
Style:
Farm House
Parking:
Garage

Construction

General:
2 Story, Michigan Basement,Partial Basement

Location

Originating MLS:
Central Michigan Association of REALTORS
School District:
Mt Pleasant City School District
County:
Isabella

Lot

Zoning:
HANCE ADDS LOTS 11 AND 12 BLK 3, 17-000-07551-01 & 02

Utilities

Utilities:
Cable Available
Water:
Public Water
Sewer:
Community

Financial

Source:
Central Michigan Association of REALTORS

This listing courtesy of:
COLDWELL BANKER MT. PLEASANT REALTY, Deb Morris

About Mount Pleasant, MI

Housing

Number of Units
19,176
Median Home Value
$144,652
Median Rent
$635

50.74% of housing units are renter occupied.

10.35% are vacant.

Commute

Car
82.83%
Public Transportation
0.88%
Walk to Work
8.46%
Work from Home
5.96%
Other
0.50%

The median travel time to work is 15 minutes.

People

Population
44,867
Median Age
32.10
Median Household Size
2.57

Education

High School
28.31%
Associate’s Degree
8.30%
Bachelor’s Degree
17.40%
Graduate Degree
18.33%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

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