931 S Fancher Street 505 E Gaylord Mt Pleasant, MI 48858
Listing Courtesy of: NORTHERN GREAT LAKES / Coldwell Banker Mt. Pleasant Realty / Deb Morris

  931 S Fancher Street 505 E Gaylord Mt Pleasant, MI 48858

Active (68 Days)
$363,900
8
BED
4
BATH
2,404
SQFT

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.

MLS #:
1919844
Taxes
$4,547
Lot Size
0.47 acres
Type
Multifamily
Year Built
505
Style
2 Story, 1 Story
School District
Mount Pleasant City School Distr
County
Isabella County
Community
City of Mt. Pleasant

Listed By

Deb Morris, Coldwell Banker Mt. Pleasant Realty
Source
NORTHERN GREAT LAKES
Last checked May 9 2024 at 4:13 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 4
Interior Features
  • Refrigerator
  • Dishwasher
  • Natural Gas Water Heater
  • Island Kitchen
  • Bay Windows
  • Smoke Alarms Formal Dining Room
  • Oven/Range
Subdivision
  • Mi
Property Features
  • Foundation: Michigan Basement
Exterior Features
  • Vinyl Siding
  • Roof: Asphalt
Utility Information
  • Energy: Not Applicable
Stories
  • 1 Story
Living Area
  • 2,404 sqft
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
May 01, 2024
Price Changed
$363,900
-1%
-3,000
Apr 24, 2024
Price Changed
$366,900
1%
3,000
Apr 23, 2024
Price Changed
$363,900
-1%
-3,000
Mar 03, 2024
Original Price
$366,900
-
-
Disclaimer: Copyright 2024 Northern Great Lakes Realtors MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/9/24 09:13