6 Baths
3,425 SqFt
6 Baths
3,425 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 20261017954
Style Colonial,Farmhouse
Full Baths 6
Year Built 1860
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type MultiFamily
Listing Terms Cash, Conventional
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: $4,200/month with one unit vacant
Full Occupancy Potential: $5,050/month ($60,600 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
County Lapeer
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air, Natural Gas
Cooling Wall Unit(s)
Fireplace No
Exterior
Parking Features ParkingLot, OnStreet
Pool None
View Y/N No
Roof Type Asphalt
Garage false
WaterfrontY/N No
Building
Foundation Basement, Poured
Sewer Public Sewer
Water Public
New Construction No
New Construction Y/N No
Schools
School District Lapeer
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
Pets Allowed Yes
Virtual Tour https://www.propertypanorama.com/instaview/nocbor/20240075952
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