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931 S Fancher Avenue Pleasant, MI 48858
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Key Details
Sold Price $190,000
Property Type Multi-Family
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 1,380 sqft
Price per Sqft $137
Subdivision Hance Add
MLS Listing ID 79001333109
Sold Date 02/04/22
Style Apartment
Originating Board Central Michigan Association of REALTORS®
Year Built 1894
Annual Tax Amount $5,508
Lot Size 0.320 Acres
Acres 0.32
Lot Dimensions 100x138
Property Description
You have options. You can rent to family in the main unit...no more than 2 unrelated. OR Make the 4 bedroom Fancher home back into a private residence with a Mother In Law apt (also has 1 bedroom) to total 5 bedrooms and 3 baths and rent out the Gaylord home. You have options! Seller is looking at applying at CITY for a Land Division split of Gaylord home (licensed rental) asking Board to allow seller to survey off the Gaylord Street home (licensed rental) from this Fancher Street parcel, then an owner can occupy and homestead the main home on Fancher (licensed rental) and look at creating an Assessory dwelling in the 931 1/2 South Fancher 1 bed 1 bath and apply to City Rental Housing for a separate rental so you can still have a place to live and two rentals. This investment is located south of M20 (High Street) on Fancher at CMU campus. What a great way to start your investment portfolio and begin your own income producing properties.
Location
State MI
County Isabella
Area Mount Pleasant
Zoning Residential
Interior
Hot Water Natural Gas
Heating Forced Air
Heat Source Natural Gas
Exterior
Exterior Feature Fenced
Pool No
Building
Foundation Michigan Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Apartment
Level or Stories 1 1/2 Story
Schools
School District Mt. Pleasant
Others
Pets Allowed Yes
Tax ID 170000755100
Ownership Private Owned
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Bought with COLDWELL BANKER MT. PLEASANT REALTY