$400,000
$428,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
47 Pope Street Lapeer, MI 48446
6 Baths
7,405 Sqft Lot
Key Details
Sold Price $400,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20261017954
Sold Date 09/30/26
HOA Y/N true
Year Built 1860
Annual Tax Amount $6,063
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 60.00 x 120.00
Source Realcomp
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 vacantFull Occupancy Potential: $5,050/month ($60,600 annually)Owner Expenses: Water and trashWith 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
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
View Y/N No
Building
Water Public
Structure Type Vinyl Siding
Schools
School District Lapeer
Others
Tax ID L203880004000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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