147 MYERS Road Active

Lapeer Twp,MI 48446

$ 379900

5 Beds

5 Baths

4020 SqFt


Key Details

Property Type Multi-Family

Sub Type Farmhouse

Listing Status Active

Purchase Type For Sale

Square Footage 4,020 sqft

Price per Sqft $94

MLS Listing ID 20250018577

Style Farmhouse

Bedrooms 5

Full Baths 5

Originating Board Realcomp II Ltd

Year Built 1890

Annual Tax Amount $3,377

Lot Size 1.410 Acres

Acres 1.41

Lot Dimensions 127.00 x 272.00

Property Sub-Type Farmhouse

Property 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.

Location

State MI

County Lapeer

Area Lapeer Twp

Zoning Commercial

Direction From M-21 and Myers Rd intersection head north. The building is located directly behind security credit union.

Rooms

Basement Unfinished

Interior

Hot Water Electric

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Garage Spaces 8.0

Roof Type Asphalt

Porch Porch - Covered,Porch

Road Frontage Paved

Garage no

Building

Foundation Crawl,Basement

Sewer Septic Tank (Existing)

Water Well (Existing)

Architectural Style Farmhouse

Level or Stories 2 Story

Structure Type Vinyl

Schools

School District Lapeer

Others

Pets Allowed Yes

Tax ID 01200403900

Ownership Short Sale - No,Private Owned

Assessment Amount $75

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Financing Cash,Conventional

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