29
See all 29 photos
$325,000
Est. payment /mo
5 Baths
1.41 Acres Lot
New
147 MYERS Road Lapeer, MI 48446
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Lapeer Twp
Subdivision Lapeer Twp
MLS Listing ID 20250034437
Year Built 1890
Annual Tax Amount $3,377
Lot Size 1.410 Acres
Acres 1.41
Lot Dimensions 127.00 x 272.00
Source Realcomp
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 County - 30
Zoning Commercial
Direction From M-21 and Myers Rd intersection head north. The building is located directly behind security credit union.
Rooms
Basement Crawl Space
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Water Well
Structure Type Vinyl Siding
Schools
School District Lapeer
Others
Tax ID 01200403900
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Realty Executives Main St LLC