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1406 N SAGINAW Street Lapeer, MI 48446
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Key Details
Sold Price $675,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 8,340 sqft
Price per Sqft $80
MLS Listing ID 20230069559
Sold Date 12/05/23
Style Other
Bedrooms 8
Full Baths 9
Half Baths 1
Originating Board Realcomp II Ltd
Year Built 1931
Annual Tax Amount $7,016
Lot Size 5.500 Acres
Acres 5.5
Lot Dimensions 230 x 694
Property Description
Eight fully occupied units right in the City limits offers a turnkey business. Park like setting backs up to the Flint River with ample space for expansion. 26 x38 Maintenance barn includes a 1/2 bath and would be the perfect space to rent out for additional storage for tenants. Tenants all pay their own gas and electric with separate service for each unit. All units have their own septic's that have been regularly maintained and pumped. 4 units have newer furnaces and multiple units have new hot water heaters. One community well with owned water softener. Three dimensional roofs on all buildings are in excellent shape and were new in 2013. Owner covers lawn, snow removal, & trash. Coin Laundry offers additional income for owner. Market Value supports an increase in rents- as is.
B/BATVAI
Location
State MI
County Lapeer
Area Lapeer Twp
Zoning Commercial,Multi-Family
Direction Saginaw North of Oregon
Rooms
Basement Unfinished
Interior
Interior Features Laundry Facility
Hot Water Natural Gas
Heating Forced Air
Cooling Ceiling Fan(s), Central Air
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Garage Spaces 16.0
Pool No
Waterfront no
Roof Type Asphalt
Road Frontage Paved
Garage no
Building
Foundation Slab, Basement, Michigan Basement
Sewer Septic Tank (Existing)
Water Well (Existing)
Architectural Style Other
Level or Stories Other
Structure Type Vinyl
Schools
School District Lapeer
Others
Pets Allowed Yes
Tax ID L220410004000
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional
Rebuilt Year 1931
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with Max Broock Realtors Oxford
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