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$ 465,000
Est. payment | /mo
6 Baths
7,405 Sqft Lot
$ 465,000
Est. payment | /mo
6 Baths
7,405 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20240075952
HOA Y/N true
Originating Board Realcomp
Year Built 1860
Annual Tax Amount $6,063
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 60.00 x 120.00
Property Description
Great investment property near downtown Lapeer. Each unit in his 6 unit multi-family house has been updated over the last 3 years. Included in the photos are some of the one and only vacant unit, but all units look relatively similar. All units have separate Gas and Electric meters with their own furnaces as well. Tenants pay their own utilities except for unit 6. Monthly rent potential $4800 ($57,600 annually). • Owner pays water and trash.Renovations: Include swapping out older furnaces, hot water tanks, flooring, paint, new light fixtures, painting the cabinets and new countertops and updating appliances as needed.
Location
State MI
County Lapeer
Area Lapeer County - 30
Zoning Multi-Family
Direction North on Main St (M24), Turn E on W Genessee St, Turn N on Pine St, Turn E on Pope St
Interior
Heating Forced Air
Cooling Wall Unit(s)
Exterior
Amenities Available Pets Allowed
Waterfront No
View Y/N No
Building
Sewer Public
Water Public
Structure Type Vinyl Siding
Others
Tax ID L203880004000
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Listed by Wilhelm & Associates