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757 W Shepherd Street Charlotte, MI $ 3,600,000
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$ 3,600,000 Get more info
757 W Shepherd Street
$ 3,600,000
Back to search
Share Save

757 W Shepherd Street

Charlotte, MI, 48813
$ 3,600,000
Baths0.0

Monthly Estimate*

$ 22,459

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Studio

Multi-Family Home for sale in Charlotte, MI

for $3,600,000. This home was built in 1968 on a lot size of 1.5.

MOXIE is pleased to exclusively offer Shaker House Apartments for sale, a 46-unit apartment building. Shaker House features an attractive unit mix, including 4 studio apartments of approximately 400 SQft, 38 two-bedroom units averaging 1,000 sqft, and 4 three-bedroom, 1.5-bath units. The property has been well maintained. Currently operating at 96% physical occupancy, Shaker House has consistently maintained high occupancy levels over the years. Current rents remain below market, providing significant upside potential for new ownership. The property has demonstrated strong historical performance. Shaker House presents a well-located, stable investment opportunity in the growing Charlotte market ideal for an investor seeking value-add potential and long-term growth. To learn more or arrange a confidential tour, please email.

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Multi-Family Active

Price

$ 3,600,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 64,314

Style

5+ Units

Lot Size

1.5

Year Built

1968

Town/City

Charlotte

County/Region

Eaton

MLS | Web ID

25056177
Features
General
Sewer Public Sewer
Heating Baseboard
Cooling Wall Unit(s)
Utilities Electricity Available Cable Available Electricity Connected
Possession Close Of Escrow Subject To Tenant Rights
Construction Materials Brick
Year Built 1968
Tenant Pays Electric
Township Charlotte City
Property Subtype 5+ Units
Tax Year 2025
County Eaton
Net Operating Income 283985.0
Operating Expense 266128.0
New Construction N
Property Type Multi Family
Attached Garage N
Status Active
Directions From I-69 head West on Shepherd St. Complex is located at the corner of Mikesell and Shepherd.
City Charlotte
High School District Charlotte
Zoning Description NA
Number Of Units Total 46
MLS Area Eaton County - E
Lot Size Units Acres
Lot Size Square Feet 65340.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 64314.14
Lease Renewal Y/N N
MLS Area Minor Eaton County - E
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 937385
Legal Description N 290 FEET OF W 1/2 OF E 1/2 OF NW 1/4 EXCEPT EASEMENT OVER N 33 FEET & W 33 FEET FOR STREET. SEC.24 T2N R5W CITY OF CHARLOTTE
Senior Community None
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Interior
Basement Other
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Laundry Features Common Area
Total Baths 0
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Exterior
Parking Features Paved
Total Parking 46.0
Lot Size Area 1.5
Number of Buildings 4
Spa N
Lot Dimensions 661x283
Lot Size Acres 1.5
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 757
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* Excluded Features
List By
Moxie Real Estate + Development

Broker

shawnj@workwithmoxie.com

Email

Affordability Calculator

$27,819
Per Month
81%
19%
0%
Monthly Principal & Interest
$22,459
Monthly Property Taxes
$5,360
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1444867 Elementary School
1444862 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/1/2025$3,600,000 Listed Price

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757 W Shepherd Street, Charlotte, MI, 48813 is a Multi-Family Home for sale at $3,600,000 with a lot size of 1.5. 757 W Shepherd Street is a studio with 0.0 baths and was built in 1968. The property's zip code is 48813 which is in Charlotte, MI

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