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$ 3,600,000
Est. payment /mo
Active
757 W Shepherd Street Charlotte, MI 48813
1.5 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70502829
Year Built 1968
Annual Tax Amount $64,314
Tax Year 2024
Lot Size 1.500 Acres
Acres 1.5
Lot Dimensions 661x283
Property Sub-Type Multi-Family
Property Description
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.
Location
State MI
County Eaton
Area Charlotte (23018)
Rooms
Basement Other
Interior
Heating Baseboard
Exterior
Exterior Feature Brick
Parking Features Carport
Amenities Available Laundry Facility
Building
Foundation Basement
Structure Type Brick
Schools
School District Charlotte Public Schools
Others
Energy Description Electric
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by MOXIE Real Estate + Development