47 Pope Street

Lapeer, Michigan 48446

  • 6 Bed(s)
  • 6 Bath(s)
  • 3,425 Sqft
  • 0.17
    Acre(Lot)
$450,000

Description

Great investment property near downtown lapeer. six 1 bedroom, 1 bath units in this renovated, charming house. included in the photos are some of the one and only vacant unit, but all units look relatively similar. all units have separate gas and electric meters with their own furnaces as well. tenants pay their own utilities. monthly income @ 100% occupied is $5,050 ($60,600 annually). owner pays water and trash.
renovations: include swapping out older furnaces, hot water tanks, flooring, paint, new light fixtures, and updating appliances as needed.

  • Property Type

    Multifamily

  • Subdivision

    City Of Lapeer R Original Plat

  • County

    Lapeer

  • Style

    Colonial,Farmhouse

  • AD ID

    47460040

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Property Details

  • Bathroom Information

    • Total Baths: 6
    • Full Baths: 6

    Interior Features

    • Roof : Asphalt
    • Basement Description: Unfinished

    Heating & Cooling

    • Cooling: Wall Unit(s)
    • Heating: Forced Air
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1860
    • Building Stories: 2 Story
    • Total Units: 6
    • Roof: Asphalt
    • Foundation/Basement: Basement
    • Architecture: Colonial,Farmhouse

    Exterior Features

    • Construction: Vinyl

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary)

    Water

    • Public (Municipal)

  • Lot Information

    • Lot Size: 0.17
    • Dimensions: 60.00 x 120.00

    Property Information

    • SQ ft: 3425
    • Subdivision: CITY OF LAPEER R ORIGINAL PLAT
    • Financing: Cash,Conventional,FHA,VA

  • Listing Price Information

    • Original List Price: $465,000

    Listing Information

    • Possession: At Close
    • Legal Description: CITY OF LAPEER ORIGINAL PLAT NE 1/4 SE'LY 36 FT OF LOT 4 & NW'LY 74 FT OF LOT 5 & SW'LY 60 FT OF VAC ALLEY IN BLOCK 40 (L=1 P=73 SEC 5, T7N-R10E)

  • Tax Information

    • Annual Tax: $6,063
    • Parcel Number: L203880004000

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: CITY OF LAPEER ORIGINAL PLAT NE 1/4 SE'LY 36 FT OF LOT 4 & NW'LY 74 FT OF LOT 5 & SW'LY 60 FT OF VAC ALLEY IN BLOCK 40 (L=1 P=73 SEC 5, T7N-R10E)

  • Virtual Tour

    Multi-Unit Information

    • Presently Zoned: 1
    • Road Frontage: Paved

    Unit 1 Information

    • # of Bedrooms: 6

  • Utility Information

    • Water:Public (Municipal)
    • Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 04/21/2025 @ 07:03

  • MLS: 615698513
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 6 bedrooms which is for sale, it has 3,425 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.