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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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757 W Shepherd St , Charlotte, MI 48813
$3,499,999
Est. Payment: $7,777.78/mo
0 Bed
0 Bath
0 Sqft
Status: Pending | Days on site: 304
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By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House 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.
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Highlights

Listed by Shawn Jacobs , 616-341-7699 and Kyle J Kimble , 616-706-6086 MOXIE Real Estate + Development , 616-890-7794.

Property Type

Multi-Family
Lot/Acreage
1.5

Year Built

1968

County

Eaton

Area

Eaton County - E

 School District

Charlotte

Listing ID

25056177

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Air Cond:Wall Unit(s)
Fireplaces:

Exterior Features

Garage Capacity:46
Sewer:Public Sewer
Parking Features:Paved
Principal Interest
$7,778
Taxes
$5,360

Home Price

$3,499,999

Loan Details

30 yrs
%

Down Payment

20%
$700,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,777.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,777.78 $5,359.51 $0.00 $13,137.29
Yearly $93,333.31 $64,314.14 $0.00 $157,647.45
Total $2,799,999.20 $1,929,424.20 $0.00 $4,729,423.40

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Charlotte, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.