3467 S Summerton Road # 3477
Mount Pleasant, MI, 48858 $ 524,900
Baths0.0 Sq 900 Monthly Estimate*
$ 3,314
Studio for $524,900. This 900 square foot home was built in 1980 on a lot size of 1.5.
Turnkey 7-Unit Multifamily Investment Opportunity Presenting an outstanding opportunity to acquire a well-maintained 7-unit apartment building offering an ideal blend of stable cash flow and long-term investment potential. The property consists of four spacious two-bedroom units and three comfortable one-bedroom units, providing a desirable unit mix that appeals to a broad range of tenants. Each apartment has been thoughtfully updated with bright, modern interiors, featuring attractive wood-look flooring, neutral paint colors, updated kitchens with quality cabinetry and durable countertops, and clean, contemporary bathrooms. The spacious floor plans maximize natural light while creating warm, inviting living spaces that residents are proud to call home. The two-bedroom units offer generous living areas, functional layouts, well-appointed kitchens with ample cabinet space, spacious bedrooms, and updated bathrooms designed for everyday comfort. The one-bedroom apartments provide efficient, open floor plans that combine affordability with modern finishes, making them highly attractive to singles, couples, and working professionals. The property has been professionally maintained and offers the type of low-maintenance finishes investors appreciate. Updated kitchens, attractive bathrooms, modern flooring, and neutral décor help minimize future turnover costs while maximizing tenant appeal. The clean, contemporary finishes create a move-in-ready environment that supports strong occupancy and competitive rental rates. With a balanced unit mix, broad tenant appeal, and an attractive presentation throughout, this property is well positioned for both experienced and first-time multifamily investors. Whether you're looking to expand an existing portfolio or acquire a stable income-producing asset, this apartment community offers an exceptional combination of functionality, durability, and long-term upside.
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FeaturesGeneralHeating Baseboard
Possession Subject To Tenant Rights
Water Private Well
Appliances Dishwasher Dryer Range/Oven Refrigerator Washer
Status Active Active
Year Built 1980
Subdivision Chippewa TWP MI
County Isabella
Class MULTIFAMILY
Type Multi-Family
Ownership Private
Municipality Chippewa Twp
Section 19
Zoning Residential
Sale/Rent For Sale
Status Detail 0
Utilities Cable Available Internet DSL Available
Structure Style 1 Story
Area Chippewa Twp (37002)
Primary City Mount Pleasant
Directions Mission E on Broomfield N on Summerton
City Mount Pleasant
School District Mt Pleasant City School District
Financial Terms Cash
Legal Description T14N-R3W A PARCEL COMM 356.1 FT N OF THE W 1/4 CORN OF SEC 19 TH N 190.9 FT TH E 114 FT TH S 46 FT TH E 151 FT TH S 144.47 FT
DOM 1
Postal Code 48858
Price Per Sq Ft Total AG 583.22
Public Remarks
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InteriorTotal Number of Units 7
Fuel Type Electric
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ExteriorLot Size Area 1.5
Lot Dimensions 300xIRR
Water Features None
Waterfront Y/N No
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* Excluded FeaturesList ByKeith CotterListing Agent
Keller Williams Of Nm Signature GroupBroker
Affordability Calculator
- Monthly Principal & Interest
- $3,314
- Monthly Property Taxes
- $822
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Mount Pleasant, MI
Average List Price $236,681
Percent of Sale Price 55%
About Mount Pleasant, MI 27,234 Population
8% Since 2002
$ 34,636 Median Income
21.72 Median Age
19% Households with Children
Trends Information provided by ATTOM Data Solutions.
2801046 Elementary School
2801044 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/28/2026 | $524,900 | | Listed Price |