• Year Built: 1975
531 N Pine River St is amulti-family property for lease in Ithaca, MI.
Ithaca Apartments is located in Ithaca Michigan, County seat of Gratiot county and home to approximately 2,900 people.
The property features a unique mix of one bedroom, two bedroom and townhouse apartments which gives it a unique draw in the community. Heat is provided in 20 of the units with 8 two bedroom units with tenant paid electric heat, giving the property a lower cost apartment entry in the market place. The property is a total of three buildings built the 1970's and updated in the early 2000's.
5 One Bedroom Units (heat paid) $475
7 Two Bedroom Units (heat paid) $575
8 Two Bedroom Units (Tenant paid heat) $550
4 Two Bedroom w/ Balcony Units (paid heat) $600
4 Townhouse Two Bedroom Units (heat paid) $650
The property features its own laundry room with 3 washers and 3 dryers, included in the purchase.
The property currently has a on site manager and maintenance person. A lawn tractor and plow truck are included in the sale.
Each unit has its own electric water heater, paid by the tenant. The majority of the units feature laminate flooring in the living rooms and tile in the kitchen.
Roofs were updated in 2000, 2001 and 2013 with a partial roof done in 2013 to repair storm damage.