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About This Home
This 6-bedroom, 6-bathroom residential multi family at 47 Pope Street in Lapeer, MI is listed for $428,000 ($125 per sqft). Built in 1860, the home offers 3,425 sqft of living space on a 0.17 acres lot.
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 Exp
enses: 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.
Key Features
- Built in 1860
- 0.17 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$2,289/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
47 Pope Street
Lapeer, MI 48446
CITY OF LAPEER R ORIGINAL PLAT
Property Details
Construction
Heating
Cooling
Questions & Answers
This 6-bedroom, 6-bathroom residential multi family at 47 Pope Street is listed at $428,000 ($125/sqft). The estimated monthly payment is $1,855 based on 20% down at 6.5% interest.
Key features include: Built in 1860, 0.17 acre lot, 2 stories.
This property is listed by Kimberly A Bow and can be reached at (248) 304-6700 or kimberly.sunde21@gmail.com.