$340,000
For Sale

147 MYERS ROAD

Lapeer, MI 48446
4020 sqft | 5 baths | 1.41 acres | #20250018577
Browse 28 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

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, laundry 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. All 5 units have their own separate entrances and 4 out of 5 units have their own laundry hookup. Several of the apartments have been rented by the same tenants for many years. The roof, windows, siding, attic insulation and ventilation have been upgraded over approximately the past 10-15 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 Details
      • FoundationBasement, CrawlSpace, Stone
      • Basement DescriptionPartial, Unfinished
      • Property TypeMulti-Family
      • PetsNumberLimit
      • MLS #20250018577
      • Property SubtypeMultiFamily
      • Parcel Number01200403900
      • MLS #20250018577
      • Parking FeaturesParkingPad
      • Sewer InformationSepticTank
      • Original List Price$379,900
      • RoofAsphalt
      • School DistrictLapeer
      • CountyLapeer
      • Taxes Annual$3,377
      • Cost340000
      • Acres1.41
      • Square Feet4020
      • Year Built1890
      • Utility SourceWell
      • Days on Market (Cumulative)32
      • Bathrooms5
      • Full Baths5
      • Stories2
      • Basement1
      • Basement Finished1

Location

Carlton WhiteReal Estate Group
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