757 W Shepherd St, Charlotte, MI 48813

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List Price
$3,499,999
MLS#
65025056177
Status
PENDING

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

Year Built
1968
Acres
1.50
Acres
1.50
School District
Charlotte
Cooling
Window/Wall
Heating
Baseboard, Electric
Garage Description
Paved, Carport

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Courtesy of MOXIE Real Estate + Development 6168907794

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