MLS # 20261056899 (Realcomp)

Unit 5 (960 sq ft | 2 Bed / 2 Bath | Needs $20k Gut Rehab) INVESTOR REMODEL SPECIAL — UNIT 5! Priced a massive $42,000 below building retail baseline, this 960 sq ft layout offers 2 full baths and incredible value-add potential. Sold strictly AS-IS. Ideal for cash, hard money, or FHA 203k renovation financing.REHAB SCOPE: Accounts for an estimated $20,000 budget covering complete interior updates: subfloor prep, drywall, bathroom/kitchen fixtures, cabinetry, doors, paint, and flooring. Living room windows need reframing; private deck balcony is ready to repurpose.HOA ADVANTAGE: The efficient $466/mo fee covers HEAT, WATER, GAS, insurance, and snow/lawn care. Once rehabbed, it operates as a high-yielding, low-overhead rental asset or entry-level primary home. Brand-new building-wide boiler and common water tanks already paid for. Blocks from downtown Charlotte and minutes to I-69 corridor for seamless Lansing commutes. Call today
Source: SparkMLS
Located in Watervliet Township in Charlotte, this property offers 3-bedroom, 2-bath, 960 sq ft, with original construction dating to 1967.
Listed at $115,000 (about $120/sq ft).
Electric service is provided by Indiana Michigan Power Company; natural gas by Michigan Gas Utilities Corporation.
Location
Construction & Systems
Sale & Financing
HOA
Source: SparkMLS
Source: Public Records
Legal Description
UNIT 5 PLEASANT STREET MANOR CONDOMINIUM CITY OF CHARLOTTE LOTS 10 AND 11, BLOCK 8, LINCOLN PARK ADDITION. LIBER 1 OF PLATS, PAGE 88. PLEASANT STREET MANOR CONDOMINIUM
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Danielle Gray
Brookstone, Realtors LLC
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Indiana Michigan Power Company
Investor-Owned
Michigan Gas Utilities Corporation
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
510 Pleasant Street, 5, Charlotte, MI 48813
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Municipality
Watervliet Township
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