1406 N Saginaw St, Lapeer, MI 48446
- $675,000
- 10
- BA
- 8,340
- SqFt
- Sold Price
- $675,000
- List Price
- $625,000
- Closing Date
- Dec 05, 2023
- MLS#
- 20230069559
- Status
- CLOSED
- Bathrooms
- 10
- Half-baths
- 1
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
Additional Information
- Year Built
- 1931
- Basement Type
- Partial, Unfinished
- Acres
- 5.50
- Style
- Other
- Acres
- 5.50
- School District
- Lapeer
- Cooling
- Ceiling Fan(s), Central Air
- Heating
- Forced Air, Natural Gas
- Garage Description
- Parking Lot, Paved
Mortgage Calculator
Courtesy of Realty Executives Main St LLC 8106671700
Selling Office: Max Broock Realtors Oxford.
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