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Lapeer,MI 48446
$ 439000
- Bed
6 Baths
3425 SqFt
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Rent
Square Footage 3,425 sqft
Subdivision City Of Lapeer R Original Plat
MLS Listing ID 20240075952
Style Colonial,Farmhouse
Full Baths 6
Year Built 1860
Property Sub-Type MultiFamily
Property Description
6 Unit Multi-Family Investment Property – Near Downtown Lapeer.
Each unit offers 1 bedroom and 1 bathroom, with separate gas and electric meters and individual furnaces—tenants pay their own utilities.
Current Rent Roll: $4,300/month
Full Occupancy Potential: $5,150/month ($61,800 annually)
Owner Expenses: Water and trash
With only one unit currently vacant and consistent rental income, this is a solid investment opportunity and an excellent addition to any real estate portfolio.
Location
State MI
County Lapeer
Area Area09132Lapeer
Interior
Heating ForcedAir, NaturalGas
Cooling WallUnits
Exterior
Pool None
View Y/N No
Roof Type Asphalt
Building
Foundation Basement, Poured
Sewer PublicSewer
Water Public
Schools
School District Lapeer
Others
Acceptable Financing Cash, Conventional, FHA, VaLoan
Listing Terms Cash, Conventional, FHA, VaLoan
Special Listing Condition ShortSaleNo, Standard