757 W Shepherd ST, Charlotte City, MI 48813
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$ 3,499,999
Est. payment | /mo

1.5 Acres Lot


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$ 3,499,999
Est. payment | /mo
Save

1.5 Acres Lot

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 65025056177

Year Built 1968

Lot Size 1.500 Acres

Acres 1.5

Property Sub-Type MultiFamily

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.

Location

State MI

County Eaton

Area Area23102Charlotte

Interior

Heating Baseboard, Electric

Cooling Wall Unit(s)

Fireplace No

Laundry CommonArea

Exterior

Parking Features Paved, Carport

Utilities Available ElectricityConnected, SewerConnected

View Y/N No

Building

Sewer Public Sewer, Sewer At Street

Water Public

New Construction No

Schools

School District Charlotte

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Realcomp MLS
Listed by Shawn Jacobs of MOXIE Real Estate + Development

Schools and Properties Nearby

Jessica A Wilson

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(313) 399-5605

jannewilsonrealtor@gmail.com

6838 Park Ave, Allen Park, MI 48101-2036, USA

Learn More About LPT Realty

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757 W Shepherd ST