NOT LISTED FOR SALE

537 Bowers Rd Lapeer, MI 48446

Mayfield Township Neighborhood
6 Beds
6 Baths
3,000 Sq Ft
0.49 Acres

Last Sold October 15, 2021

Last sale price $290,000 $97 Per Sq Ft

64 Days on Market

Highlights

  • Colonial Architecture
  • Covered patio or porch
  • High Speed Internet
  • Deck
  • Forced Air Heating and Cooling System

About This Home

As of October 2021

This Duplex is a Cash Cow ** Each Unit is Rented for $1350/month ** 535, New One Year Lease and 357 Rented Month to Month ** Plethora of Opportunity Comes with This Maintenance Free Duplex *** Live in One and Rent the Other, Rent Both Sides, Possible Option for Multi Generational Needs by Using Both Units for Extended Family Situations ** One of the Newest Townhouse Units in Lapeer, with Each Unit Containing 3 Bedrooms, 2.5 Bath, along with Convenient First Floor Laundry ** Extra Tall Lower Level with Ingress/Egress and Daylight Windows ** Close to Downtown, Yet Rural and Quiet Provides the Best of Both Worlds ** Units have Always Been in Demand and Maintained Long Term Tenants ** All New Flooring, Fresh Paint and Kitchen Appliances Make this Move In Ready ** Trex Style Deck Opens from Large Sprawling Living Area, Plus a Covered Front Porch and Side Door Round Out the Package ** Plenty of Parking ** In This Market You Can Not Replace These Units **

Last Agent to Sell the Property

Kathleen Sanchez

Real Estate One-Oxford License #6501263015 Listed on: 08/03/2021

Real Estate One-Oxford

Last Buyer's Agent

Kathleen Sanchez

Real Estate One-Oxford License #6501263015 Listed on: 08/03/2021

Real Estate One-Oxford

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 2005

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 105 x 105 x 206 x 206

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Carbon Monoxide Detectors
  • Unfinished Basement

Parking

  • 4 Parking Spaces
  • Assigned Parking

Outdoor Features

  • Deck
  • Covered patio or porch
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 01403301420

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,691

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2005
  • State Equalized Value: 143300.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Carbon Monoxide Alarm(s), High Spd Internet Avail
  • Total Bathrooms: 4.20
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 3000
  • Total Sq Ft: 3000
  • Sq Ft Total Bsmt: 750

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Frontage Feet: 105
  • Porch Type: Porch - Covered, Deck, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Assigned Spaces
  • Total Parking Spaces: 4

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Schools

  • School District: Lapeer

Lot Info

  • Lot Size Area: 0.49
  • Lot Dimensions: 105 x 105 x 206 x 206
  • Parcel Number: 01403301420
  • Zoning: Multiple

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup), Yard Maintenance
  • Monthly Rental Income: 2700

Tax Info

  • Tax Amount Summer: 952.1800
  • Tax Amount Winter: 2738.7600
  • Total Tax: 3690.9400
  • Taxable Value: 97209.0000

Multi Family

  • Gross Scheduled Income: 32400.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Three Bedroom Units: 2
  • Number Of Units Leased: 1

MLS Schools

  • School District: Lapeer

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $290,000 -3.3% $97 / Sq Ft
10/07/2021 10/07/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $299,900 -- $100 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kathleen Sanchez

    Seller's Agent in 2021

    Kathleen Sanchez

    Real Estate One

    (248) 969-8018

    2 in this area

    69 Total Sales

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Map

Source: Realcomp

MLS Number: 2210062243

Realcomp

Michigan Lapeer County Lapeer 48446 Mayfield Township

537 Bowers Rd, Lapeer, MI

This home is located at 537 Bowers Rd, Lapeer, MI 48446 since 03 August 2021. This property was built in 2005. 537 Bowers Rd is a home located in Lapeer County with nearby schools including Elva Lynch Elementary School, Rolland-Warner Middle School, and Lapeer High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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