757 W Shepherd Street, Charlotte, Michigan, 48813
1.50 Acres
6 bd
#25056177
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.
PROPERTY FEATURES
- Utilities : Electricity Available, Cable Available, Electricity Connected, Sewer Available, Water Available
- Water Source : Public
- Sewer : Public Sewer
- Parking Features: Paved
- Parking Total: 46
- Zoning Description : NA
- Cooling on Property:
- Cooling: Wall Unit(s)
- Heating on Property:
- Heating : Baseboard, Electric
- Construction Materials: Brick
- Road Surface Type: Paved
- Basement on Property:
- Laundry Features : Common Area
PROPERTY DETAILS
ID: 25056177
Status: Pending Sale
Price: $3,499,999
Acres: 1.50 Acres
Price Per Acre: $2,333,333
Type: Multi-family
Address: 757 W Shepherd Street
City, State: Charlotte, Michigan
County: Eaton
Zip Code: 48813
Lat/Long: 42.553636, -84.849332
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