Exceptional 10-Unit Investment Property Just West of Mt. Pleasant – Strong Income Potential in a Peaceful Country Setting Located just a short drive west of Mt. Pleasant, this 10-unit multifamily investment property offers a rare combination of steady rental income, future development potential, and serene rural surroundings. The property sits on a large parcel of land in a quiet, country setting, providing tenants with a peaceful lifestyle while still being close to city amenities, shopping, and employment hubs. Each of the ten units is thoughtfully designed, featuring two comfortable bedrooms and one full bathroom, making them ideal for individuals, small families, or retirees. The units are well-maintained and consistently rented, with demand driven by the appealing location and practical layout. One of the standout features of this property is the abundant land surrounding the current buildings. There is ample space available for future expansion, including the potential to build additional multifamily buildings or other complementary structures (pending any necessary approvals), which could significantly increase rental income and property value over time. From an operational standpoint, the setup is investor-friendly. Tenants are responsible for their own electricity and heating, which helps reduce the overall operating expenses for the owner. The landlord only covers the electric bill for the shared well system, along with trash service, both of which are manageable fixed costs. Because the property uses a private septic system, there are no monthly sewer charges, further lowering expenses and increasing net cash flow. Additional passive income is generated through the coin-operated laundry machines, conveniently located in two of the buildings. These machines bring in an average of approximately $250 per month, adding another steady revenue stream to the overall income picture. Whether you're looking to hold a stable income-producing asset, expand your
Sold for $685,000 on 10/06/25
$685,000
5045 W Remus Rd, Mount Pleasant, MI 48858
4beds
2baths
7,000sqft
Multi Family
Built in 2006
-- sqft lot
$688,900 Zestimate®
$98/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: October 07, 2025 at 01:22pm
Listed by:
Keith Cotter 989-400-6215,
DOUGLAS DAY PROPERTY GROUP
Bought with:
Nick Burrell, 6501449170
PRAEDIUM REALTY ROBIN STRESSMAN & ASSOCIATES
Source: NGLRMLS,MLS#: 1933284

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Baseboard
Cooling
- Electric
Appliances
- Included: Refrigerator, Oven/Range
Features
- None, DSL
- Basement: Crawl Space
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 7,000
- Total interior livable area: 7,000 sqft
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Exterior features: None
- Waterfront features: None
Lot
- Size: 3.18 Acres
- Dimensions: 180 x 470
Details
- Additional structures: None
- Parcel number: 05-019-20-005-05
- Zoning description: Residential
- Other equipment: Dish TV
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Frame, Vinyl Siding
- Foundation: Slab
- Roof: Asphalt
Condition
- New construction: No
- Year built: 2006
Utilities & green energy
- Sewer: Private Sewer
- Water: Private
Community & neighborhood
Community
- Community features: None
Location
- Region: Mount Pleasant
- Subdivision: NONE
HOA & financial
Other financial information
- Total actual rent: 1460
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,Cash
- Ownership type: Private Owner
- Road surface type: Asphalt