Estimated payment $1,347/month
Highlights
- Popular Property
- Covered Patio or Porch
- Forced Air Heating System
- Deck
- Awning
- 3-minute walk to Rotary Park/Lapeer Dog Park
About This Home
Wonderful 2 unit Investment in the City of Lapeer. Sellers have maintained this duplex during their Ownership, as well as long term Tenants that take pride where they live! Good cash flow investment, and central location to downtown, schools, parks, shopping. Several recent updates in the prev few years, including 2 new HWH Oct 2025. Current Certified Rental permit/City of Lapeer. Unit 1 on ground floor has complete new bathroom Sept 2025. Interior(s) of ea unit have been updated over the prev 10 +/- yrs. Detached Garage. Asphalt driveway. Tenants have existing Lease(s) that can be reviewed upon accepted offer. Cash/ Conv-Purchase is subjerct to existing Leases. All showings are by appointment only with 24 hr notice. No Virtual showings- Licensed Agent Must physically accompany clients for all showings. Seller(s) have never occupied the property. All measurements and data of structure, sq footage, year built are estimated or per public records, and are not deemed accurate by the Seller(s) or Agent . Buyer/Agent is responsible to verify independantly.
No Land Contract terms or offer will be considered.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1860 | Remodeled in 2018
Lot Details
- 10,454 Sq Ft Lot
- Lot Dimensions are 88 x 120
- Private Entrance
Parking
- 2 Car Garage
Home Design
- Duplex
- Block Foundation
- Stone Foundation
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 1,517 Sq Ft Home
- 1.5-Story Property
- Awning
- Unfinished Basement
- Crawl Space
Outdoor Features
- Deck
- Covered Patio or Porch
- Exterior Lighting
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Separate Meters
- Natural Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number L202300104000
Community Details
Overview
- 2 Units
- City Of Lapeer Original Subdivision
Amenities
- Laundry Facilities
Pet Policy
- Pets Allowed
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,812 | $74,500 | $0 | $0 |
| 2024 | $1,157 | $71,600 | $0 | $0 |
| 2023 | $1,104 | $63,800 | $0 | $0 |
| 2022 | $2,547 | $61,800 | $0 | $0 |
| 2021 | $2,400 | $57,000 | $0 | $0 |
| 2020 | $2,371 | $55,100 | $0 | $0 |
| 2019 | $2,367 | $50,200 | $0 | $0 |
| 2018 | $1,822 | $50,800 | $50,800 | $0 |
| 2017 | $1,785 | $48,300 | $0 | $0 |
| 2016 | $741 | $42,200 | $42,200 | $0 |
| 2015 | -- | $39,900 | $0 | $0 |
| 2014 | -- | $36,800 | $36,800 | $0 |
| 2013 | -- | $36,400 | $36,400 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/03/2026 04/03/26 | For Sale | $204,900 | +54.6% | $135 / Sq Ft | |
| 10/29/2018 10/29/18 | Sold | $132,500 | -5.4% | $77 / Sq Ft | View Prior Sale |
| 10/09/2018 10/09/18 | Pending | -- | -- | -- | |
| 09/19/2018 09/19/18 | For Sale | $140,000 | -- | $82 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $132,500 | -- | |
| Warranty Deed | $106,500 | -- | |
| Sheriffs Deed | $122,112 | -- | |
| Warranty Deed | $142,000 | -- | |
| Warranty Deed | $142,000 | -- | |
| Warranty Deed | $136,000 | -- | |
| Warranty Deed | $136,000 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $44,900 | -- | |
| Warranty Deed | $44,900 | -- | |
| Warranty Deed | $44,900 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $86,125 | New Conventional | |
| Previous Owner | $101,175 | Purchase Money Mortgage |
Source: Realcomp
MLS Number: 20261021821
APN: L20-23-001-040-00
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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Ask me questions while you tour the home.