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$3,499,999
Est. payment /mo
1.5 Acres Lot
UPDATED:
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
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Listed by Shawn Jacobs of MOXIE Real Estate + Development
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