Listed price in listed location currency (USD).
$969,900

030

MLS® 1946983

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 13200 sqft
Garage 
Taxes 
Days Active 0
Lot Size 1.35 Acres
Approx. Age 1950
Avg. Price Per Sqft $73
MLS® Number 1946983

Property Address: 1019 E Broadway St, Mt Pleasant, MI, 48858-2974

Average square foot calculated using Size range provided by listing agent.

Description

Broadway Apartments is a 15-unit multifamily investment opportunity strategically located along East Broadway in Mount Pleasant, one of Central Michigan's strongest rental markets. The property benefits from its proximity to major employment, education, and entertainment drivers, including Central Michigan University, Soaring Eagle Casino & Resort, and convenient access to US Highway 127, providing connectivity throughout the region. The asset presents investors with an attractive value-add opportunity through a combination of interior unit upgrades and continued rent optimization. Current ownership has established a stable operating foundation, while future ownership can capitalize on the property's upside potential by implementing strategic renovations, modernizing unit interiors, enhancing common areas, and increasing rents toward market levels as leases renew. These improvements have the potential to drive increased cash flow and long-term asset appreciation. Mount Pleasant continues to demonstrate strong rental demand due to its diverse economic base, anchored by higher education, healthcare, gaming, hospitality, and regional employers. The property's location offers residents convenient access to shopping, dining, employment centers, and recreational amenities, making Broadway Apartments well-positioned to attract and retain tenants. Broadway Apartments represents an opportunity to acquire a well-located multifamily asset with existing cash flow, operational stability, and a clear path to increasing net operating income through thoughtful asset management and targeted capital improvements.
MLS® Number1946983
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
Garage
Approx. Age1950
Basement
DrivewayNone
Garage Spaces
HeatNatural Gas
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 22, 2026List Date
$969,900List Price
  • Commute

Commute

Starting Address
Destination Address
1019 E Broadway St, Mt Pleasant, MI

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