47 Pope Street, Lapeer, MI 48446 2200

$428,000
6
BA
3,425
SqFt

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List Price
$428,000
Status
ACTIVE
MLS#
60977465
Style
Colonial, Farm House
Year Built
1860
Bathrooms
6
Acres
0.17
Living Area
3,425
Municipality
Lapeer
Region
Lapeer
Township
Lapeer
Subdivision
City Of Lapeer R Original Plat

Property Description

Recent Price Improvement!!! 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.

Additional Information

Lot Dimensions
60.00 x 120.00
Heating
Forced Air
Cooling
Wall/Window Unit(s)
Basement
Yes
Basement Description
Poured
Foundation
Basement
Water
Public
School District
Lapeer Community Schools

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Calculator source: Real Geeks

Listing Courtesy of Real Estate One, Office Phone: 248-625-0200

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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.