5045 West Remus Road

Beds
Baths
700 Sq. Ft.
$979 / Sq. Ft.
700
Sq. Ft.
$979
per Sq. Ft.

Description

Exceptional 10-Unit Investment Property Just West of Mt. Pleasant – Strong Income Potential in a Peaceful Country Setting Located just a short drive west of Mt. Pleasant, this 10-unit multifamily investment property offers a rare combination of steady rental income, future development potential, and serene rural surroundings. The property sits on a large parcel of land in a quiet, country setting, providing tenants with a peaceful lifestyle while still being close to city amenities, shopping, and...Exceptional 10-Unit Investment Property Just West of Mt. Pleasant – Strong Income Potential in a Peaceful Country Setting Located just a short drive west of Mt. Pleasant, this 10-unit multifamily investment property offers a rare combination of steady rental income, future development potential, and serene rural surroundings. The property sits on a large parcel of land in a quiet, country setting, providing tenants with a peaceful lifestyle while still being close to city amenities, shopping, and employment hubs. Each of the ten units is thoughtfully designed, featuring two comfortable bedrooms and one full bathroom, making them ideal for individuals, small families, or retirees. The units are well-maintained and consistently rented, with demand driven by the appealing location and practical layout. One of the standout features of this property is the abundant land surrounding the current buildings. There is ample space available for future expansion, including the potential to build additional multifamily buildings or other complementary structures (pending any necessary approvals), which could significantly increase rental income and property value over time. From an operational standpoint, the setup is investor-friendly. Tenants are responsible for their own electricity and heating, which helps reduce the overall operating expenses for the owner. The landlord only covers the electric bill for the shared well system, along with trash service, both of which are manageable fixed costs. Because the property uses a private septic system, there are no monthly sewer charges, further lowering expenses and increasing net cash flow. Additional passive income is generated through the coin-operated laundry machines, conveniently located in two of the buildings. These machines bring in an average of approximately $250 per month, adding another steady revenue stream to the overall income picture. Whether you're looking to hold a stable income-producing asset, expand your
  1. Listed by Keith D Cotter • DOUGLAS DAY PROPERTY GROUP
    P: (989)-400-6215 C: (989)-400-6215 keithdcotter@me.com

Property Details for 5045 West Remus Road

Architectural Style
2 Story
Has Waterfront
No
Zoning Description
Residential
LISTING CLOSED: 10/06/2025 12:00 AM

Property Details for 5045 West Remus Road

StatusClosed
MLS #80056617
Days on Market151
Taxes$15,897 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built2006
Lot Size3.18 AC / 138,520 SF
CountyIsabella County

Location

Listing Courtesy of DOUGLAS DAY PROPERTY GROUP

Sold By PRAEDIUM REALTY ROBIN STRESSMAN & ASSOCIATES

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Building Information for 5045 West Remus Road

Stories2Residences10Year Built2006Building Size-Lot Size3.18 AC / 138,520 SF

Payment Calculator

$4,807 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,482

Property Taxes

$1,325

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5045 West Remus Road

Summary
Location and General Information
  • Directions: WEST OF MT PLEASANT ON M20, JUST WEST OF LITTLEFIELD RD
  • Latitude: 43.596739
  • Longitude: -84.950046
  • MLS Area Major: Deerfield Twp (37005)
Taxes and HOA
  • Parcel Number: 05-019-20-005-05
  • Tax Annual Amount: $15,897.00
School Information
  • High School District: Chippewa Hills
Virtual Tour
Property
Lot Information
  • Lot Size Acres: 3.18
  • Lot Size Dimensions: 180X470
Property and Assessments
  • Above Grade Finished Area: 700.0
  • Above Grade Finished Area Units: Square Feet
  • Building Area Total: 700.0
  • Living Area: 700.0
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 2006
Building Features
  • Foundation Details: Slab
  • Levels: Two
  • Total Stories: 2
Utilities
  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Private
Interior and Exterior Features
Interior Features
  • Appliances: Refrigerator, Range, Oven
  • Basement: Crawl Space
  • Has Basement: No
  • Has Cooling: No
  • Heating: Baseboard, Electric
  • Has Heating: Yes
Multi Family
Multi Family Information
  • Number Of Units Total: 10
Income & Expenses
  • Net Operating Income: $74,343
  • Operating Expense: $15,897.00
Unit Information
Unit 1
  • Actual Rent: $725.00
  • Type: Unknown Data Share
Unit 2
  • Actual Rent: $735.00
  • Type: Unknown Data Share

Property History for 5045 West Remus Road

DateEvent & SourcePriceAppreciation
Oct 6, 2025

Sold

Realcomp #79080056617

$685,000
Oct 6, 2025

Sold

MiRealSource #80056617

$685,000
Oct 3, 2025

Contract Signed

Realcomp #79080056617

DateEvent & SourcePrice
10/06/2025

Sold

Realcomp #79080056617

$685,000
10/06/2025

Sold

MiRealSource #80056617

$685,000
10/03/2025

Contract Signed

Realcomp #79080056617

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 5045 West Remus Road

This home is within Chippewa Hills School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 7 to 12
Public - 7 to 12
Public - 5 to 8
Rating
School
Distance
Weidman Elementary School
PublicPK to 4

Chippewa Hills High School
Public7 to 12

Mosaic School
Public7 to 12

Chippewa Hills Intermediate School
Public5 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of DOUGLAS DAY PROPERTY GROUP

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