757 W Shepherd Street, Charlotte, MI 48813

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List Price
$3,499,999
Status
PENDING
Days on Market
304
Price Change
▼ $50,001 1776978709
MLS#
25056177
Subtype
Multi Family
Year Built
1968
Lot Size
65,340
Acres
1.50
Neighborhood
Eaton County - E
MLS Area Major
Eaton County - E

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, contact mxmulti@workwithmoxie.com.

Additional Information

Taxes
$64,314
Zoning
NA
Heating
Baseboard
Air Conditioning
Wall Unit(s)
Parking Features
Paved
School District
Charlotte

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Listing courtesy of Listing Agent: Shawn Jacobs from Listing Office: MOXIE Real Estate + Development.

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