UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Active
Purchase Type For Sale
Municipality Charlotte City
MLS Listing ID 25056177
Year Built 1968
Annual Tax Amount $64,314
Tax Year 2025
Lot Size 1.500 Acres
Acres 1.5
Lot Dimensions 661x283
Property Sub-Type 5+ Units
Source Michigan Regional Information Center (MichRIC)
Property Description
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 Listings@workwithmoxie.com.
Location
State MI
County Eaton
Area Eaton County - E
Direction From I-69, head West on Shepherd St. Complex is located at the corner of Mikesell and Shepherd.
Rooms
Basement Other
Interior
Heating Baseboard
Cooling Wall Unit(s)
Laundry Common Area
Exterior
Parking Features Paved
Utilities Available Electricity Available, Cable Available, Electricity Connected
View Y/N No
Street Surface Paved
Total Parking Spaces 46
Building
Sewer Public Sewer
Structure Type Brick
New Construction No
Schools
School District Charlotte
Others
Tax ID 200-024-100-020-00
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
GET MORE INFORMATION