2876-2888 Imlay City Road

Lapeer Twp, MI
$ 179,000 Beds 8 Baths 4 Sq 3,043
Monthly Estimate* How much can I afford?

Great income producing property with 4, possible 5 units! Sale includes a duplex (1627 s/f) and 2 mobile homes (720 s/f & 696 s/f) that are currently rented and bring in $2365 monthly. Also, a vacant 3 bedroom home on the property that needs renovated and had previously been rented for $800 monthly. Located on 3 acres. .Owner has a real estate license in MI.

Multi-Family

  • Price
  • $ 179,000
  • Lot Size
  • 3 Acres
  • Bedrooms
  • 8
  • Sqr Footage
  • 3,043
  • Full Bathrooms
  • 4
  • Year Built
  • 1971
  • Half Bathrooms
  • 0
  • City, Zip
  • Lapeer Twp
  • Taxes
  • $ 2226
  • County
  • LAPEER
  • Style
  • Duplex
  • Area
  • Lapeer Twp
  • MLS#
  • 2210014244
  • Zip
  • 48446
Listing Provided by:
Data Source:

Features

General

Basement Type Unfinished, Walk-Up Access
Construction Materials Vinyl
Cumulative Days on Market 108
Deposit Amount 45000.00
Down Payment Resource Yes
Gross Scheduled Income 28380.00
Heating Forced Air
Land Contract Yes
Listing Agent Public Id 429374
Net Operating Income 23397.00
Ownership Status Private Owned, Short Sale - No
Parcel Number 01201200300
Parking Total 10
Property Type Multifamily
Rent Includes Garbage Pickup, Snow Removal, Yard Maintenance
School District Lapeer
Sewer Septic-Existing
Short Sale No
Status Active
Terms Offered Cash, Conventional, Land Contract, Warranty Deed
Total Sq Ft 3043
Transaction Type Sale
Year Built 1971
Zoning Residential

Interior Features

Basement Y/N Yes
Full Baths 4
Heating Fuel Natural Gas
Interior Features Cable Available
Total Baths 4.00
Total Units 4

Exterior Features

Architecture Level 1 1/2 Story
Architecture Style Duplex
Exterior Features Outside Lighting
Foundation Basement, Crawl
Foundation Materials Block
Lot Size Area 3.00
Lot Size Dimensions 209x602x209x607
Porch Deck, Porch - Covered
Roof Material Asphalt
Water Source Well-Existing

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Burton, MI office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/4/2021 Listed $179,000

Property vs Zip Code Average in 48446

Price
AVG $230K
$180K
Taxes
AVG $2,846
$2,226
Visits
AVG 174
83
Year Built
AVG 1918
1971
Walkscore
AVG 41
3
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

2876-2888 Imlay City Road Lapeer Twp, MI is a Single Family Home for sale at $179000 with 3043 sqft and a lot size of 3 Acres Acre(s). 2876-2888 Imlay City Road Lapeer Twp has 8 bedrooms, 4 baths and was built in 1971. The property's zip code is 48446 which is in Lapeer Twp, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.