47 Pope Street Active

Lapeer,MI 48446

$ 439000

6 Beds

6 Baths

3425 SqFt


Key Details

Property Type Multi-Family

Sub Type Colonial,Farmhouse

Listing Status Active

Purchase Type For Sale

Square Footage 3,425 sqft

Price per Sqft $128

Subdivision City Of Lapeer R Original Plat

MLS Listing ID 20240075952

Style Colonial,Farmhouse

Bedrooms 6

Full Baths 6

Year Built 1860

Annual Tax Amount $6,063

Lot Size 7,405 Sqft

Property Sub-Type Colonial,Farmhouse

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 Lapeer

Zoning Multi-Family

Interior

Heating Forced Air

Cooling Wall Unit(s)

Exterior

Roof Type Asphalt

Building

Foundation Basement

Sewer Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Vinyl

Schools

School District Lapeer

Others

Acceptable Financing Cash,Conventional,FHA,VA

Listing Terms Cash,Conventional,FHA,VA

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