Description
Spectacular opportunity to own this well-maintained 5-unit apartment building in lapeer twp! owned by the same family for over 45 years. situated on the top of the hill off the corner of myers rd and m-21 and better known as the “east hill apartments”. each of the 5 units have their own separate utility meters (natural gas & electric). the entire building boasts over 4,000 square feet. unit 1 is 675 sq ft on the first floor with 2 bedrooms, 1 bath, kitchen, plus laundry. unit 2 is 1,100 sq ft lower and upper floor with 2 bedrooms, 1 bath, a living room, kitchen, and enclosed porch. unit 3 is 648 sq ft on the first floor with 1 bedroom, 1 bath, kitchen and laundry. unit 4 is 1,108 sq ft on the second floor and has 2 bedrooms, 1 bath, kitchen, living room and laundry. unit 5 is 576 sq ft on the first floor and has 1 bedroom, 1 bath, kitchen, living room and a screened porch. several of the apartments have been rented by the same tenants for many years. a separate half an acre lot is included in the sale and is located directly to the north. this additional lot offers many opportunities and could be utilized for a potential garage building/carport. conveniently located just a few minutes to downtown lapeer or i-69.
Property Type
MultifamilyCounty
LapeerStyle
FarmhouseAD ID
49005710
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 5
- Full Baths: 5
Room Information
- Porches: Porch - Covered,Porch
Interior Features
- Roof : Asphalt
- Basement Description: Unfinished
Heating & Cooling
- Heating: Forced Air
- Heating Fuel: Natural Gas
Water Heater
- Electric
-
Exterior Features
Building Information
- Year Built: 1890
- Building Stories: 2 Story
- Total Units: 5
- Roof: Asphalt
- Foundation/Basement: Crawl,Basement
- Architecture: Farmhouse
Exterior Features
- Construction: Vinyl
Utility Features
- Sewer: Septic Tank (Existing)
Water
- Well (Existing)
- Water Heat: Electric
-
Property / Lot Details
Lot Information
- Lot Size: 1.41
- Dimensions: 127.00 x 272.00
Property Information
- SQ ft: 4020
- Financing: Cash,Conventional
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Listing Information
Listing Price Information
- Original List Price: $379,900
Listing Information
- Possession: Close Plus 30 Days
- Legal Description: SEC 4 T7N R10E COM S 1 DEG 31' E 1311.97 FT FROM E 1/4 POST, TH S 1 DEG 31' E 127.4 FT, TH S 89 DEG 15' 12" W 304.74 FT, TH N 2 DEG 09' 30" W 117.4 FT, TH N 87 DEG 22' 35" E 306.08 FT TO PT OF BEG. .86 A.
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Taxes / Assessments
Tax Information
- Annual Tax: $3,377
- Parcel Number: 01200403900
Possession
- Close Plus 30 Days
Legal Information
- Legal Description: Section: SEC 4 T7N R10E COM S 1 DEG 31' E 1311.97 FT FROM E 1/4 POST, TH S 1 DEG 31' E 127.4 FT, TH S 89 DEG 15' 12" W 304.74 FT, TH N 2 DEG 09' 30" W 117.4 FT, TH N 87 DEG 22' 35" E 306.08 FT TO PT OF BEG. .86 A.
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking: 8
Multi-Unit Information
- Road Frontage: Paved
Unit 1 Information
- # of Bedrooms: 2
Unit 2 Information
- # of Bedrooms: 3
-
School, Utilities & Location Details
Utility Information
- Water:Well (Existing)
- Sewer:Septic Tank (Existing)
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BuyOwner last updated this listing 03/28/2025 @ 08:54
- MLS: 624345658
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Realcomp II Ltd
is a Multifamily, with 8 bedrooms which is for sale, it has 4,020 sqft, 1 sized lot, and 0 parking. A comparable Multifamily, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Lapeer , in zip code 48446, this Lapeer County Multifamily are nearby neighborhoods.