Lapeer MI Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
3,425
Status:
Active
Beds:
n/a
Lot size:
0.17 Acres
Year built:
1860
Baths:
6.00
MLS#:
60350638
Subdivision:
CITY OF LAPEER R ORIGINAL PLAT

ADDITIONAL INFORMATION

Great investment property near downtown Lapeer. Each unit in his 6 unit multi-family house has been updated over the last 3 years. Included in the photos are some of the one and only vacant unit, but all units look relatively similar. All units have separate Gas and Electric meters with their own furnaces as well. Tenants pay their own utilities except for unit 6. Monthly rent potential $4800 ($57,600 annually). � Owner pays water and trash. Renovations: Include swapping out older furnaces, hot water tanks, flooring, paint, new light fixtures, painting the cabinets and new countertops and updating appliances as needed.

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Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307


Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.



Lapeer Real Estate

The median home value in Lapeer, MI is $242,500. This is lower than the county median home value of $246,100. The national median home value is $338,100. The average price of homes sold in Lapeer, MI is $242,500. Approximately 49.7% of Lapeer homes are owned, compared to 43.89% rented, while 6.41% are vacant. Lapeer real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lapeer real estate agent to arrange a tour today!

Lapeer, Michigan has a population of 8,911. Lapeer is less family-centric than the surrounding county with 24.85% of the households containing married families with children. The county average for households married with children is 27.63%.

The median household income in Lapeer, Michigan is $47,990. The median household income for the surrounding county is $69,194 compared to the national median of $69,021. The median age of people living in Lapeer is 40.4 years.

Lapeer Weather

The average high temperature in July is 81.9 degrees, with an average low temperature in January of 14.8 degrees. The average rainfall is approximately 33.2 inches per year, with 35 inches of snow per year.

Lapeer Real Estate Market Conditions

  • Median sales price

    $242,500
    12.8% change since last quarter
  • # Active listings

    148
    30-day change

Lapeer Schools and Demographics

Education near Lapeer, MI

Metric City County
High School Graduates 89.44 91.69
College Degree - 2 year 8.55 10.52
College Degree - 4 year 12.54 18.64
Graduate Degree 3.57 4.91
Expenditures per Student 11,106 11,106
Students per Teacher 18.6 18.6

Elementary Schools near Lapeer, MI

School Grades Students P/T Ratio ZIP
C.K. Schickler Elementary School PK - 05 369 13.9 48446
Central Elementary School 01 - 04 572 19.2 48423
Chatfield School KG - 08 475 18.8 48446
Columbiaville Elementary School 03 - 05 297 20.3 48421
Elva Lynch Elementary School PK - 05 439 20.1 48446
Emma Murphy Elementary School KG - 05 355 16.9 48455
Gates Elementary School 01 - 04 580 22.7 48423
Hill Elementary School KG - 04 279 24.3 48423
Mayfield Elementary School PK - 05 471 19.2 48446
Siple Elementary School KG - 04 415 18.5 48423
Thomson Elementary School PK - KG 298 17.1 48423
Turrill Elementary School PK - 05 474 16.6 48446

Middle Schools near Lapeer, MI

School Grades Students P/T Ratio ZIP
Davison Middle School 07 - 08 838 21.7 48423
HAHN Intermediate School 05 - 06 879 21 48423
Lapeer West Senior High School 09 - 12 1,036 24 48446
Rolland Warner Campus 6/7 06 - 07 808 18.8 48446
Zemmer Campus 8/9 07 - 09 891 29 48446

High Schools near Lapeer, MI

School Grades Students P/T Ratio ZIP
Davison High School 09 - 12 1,552 21.2 48423
Lapeer High School 10 - 12 1,488 22.3 48446

Ungraded Schools near Lapeer, MI

School Grades Students P/T Ratio ZIP
* Davison Alternative Education 09 - 12 163 16.6 48423
Lapeer Community High School 06 - 12 104 16.1 48446
Lapeer County Education and Technology Center KG - 12 45 1.4 48412

Demographics near Lapeer, MI

Metric City County
Neighborhood Type Small town
Population 8,911 88,644
Population Density 1,226 138
Median Age 40.4 44.3
People per Household 2.1 2.6
Median Household Income 47,990 69,194
Average Income per Capita 28,197 33,815