47 Pope St, Lapeer, MI, 48446
6beds
6baths
3,425sqft
$439,000
$128price/sqft
$3,118/moest. monthly cost
$124,720/yrincome needed
About This Home
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 Expenses: 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.
Getting Around
70
Very Walkable0
Very Limited Transit59
BikeableSchools
6/10
3/10
8/10
Construction
Condition
- Year built: 1860
Materials
- Foundation: Basement,Poured
- Roof: Asphalt
- Construction materials: Vinyl Siding
Notable Dates
- Major remodel year: 2021
Type & Style
- Home type: MultiFamily
- Architectural style: Colonial,Farmhouse
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Full,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Features
- Finished area above ground: 3,425
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Wall Units
Interior Area
- Total interior livable area: 3,425 sqft
Property
Details
- Parcel number: L203880004000
- Zoning description: MultiFamily
- Special condition: Short Sale No,Standard
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Patio & porch: Covered
Lot
- Lot size: 7,405 sqft
- Lot size dimensions: 60.00 x 120.00
Parking
- Parking features: Parking Lot,On Street