Move-In Ready Condo

Investment Info:

Condo buy & hold investment.

Purchase price: $119,900

Move-in-ready 2 bedroom, 2 full bath condominium on the second floor of Pleasant Street Manor, Charlotte MI. 1,050 sq ft with sliding-glass-door balcony, primary suite with en-suite bath, second full bath, hallway and basement storage. All-inclusive $472.34/mo HOA covers heat, hot water, gas, master building insurance, landscaping, and snow removal. Master Deed recorded with Eaton County; title insurable now. Conventional and cash financing available.

How did you finance this deal?

Cash or conventional financing available now via the recorded Master Deed; ask listing agent for lenders experienced with newly-converted condo projects.

How did you add value to the deal?

Independent valuation confirmed a defensible price of $119,900 against a $113–130/sf move-in-ready comp band, correcting the building's internally declared $157,000 baseline.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Danielle Gray, Brookstone Realtors LLC — listing agent.