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605 N Calhoun Street

Lapeer, MI 48446
  • $350,000
  • STATUS: Active
  • ON SITE: 86 days
  • ID#: 2210024671
UPDATED: 35 min ago
$350,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 4,000
    SQFT
  • $88
    $/SQFT
Type:
Multi-Family
Built:
1880
County:
Area:
Zoning:
Multi-Family
Lot Size Dimensions:
100.00X100.00

School Ratings & Info

School District:

Description

AMAZING INVESTMENT OPPORTUNITY IN LAPEER. The " Calhoun Apartments" include 4 renovated units in a beautiful historic property. Located in a very desirable neighborhood close to town. The current owner was planning to buy & hold for generations, investing heavily in capital improvements. All tenants are current on rent. Area supports a higher rent rate.

Monthly Payment Calculator



© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Keller Williams West Bloomfield are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-07-25T22:56:07.45.
www.purchasemi.com/homes/116572363
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605 N Calhoun Street Lapeer, MI 48446

  • Price: $350,000
  • Status: Active
  • Updated: 35 min ago
  • ID#: 2210024671
0
Beds
4
Baths
0
½ Baths
0.25
Acres
4,000
SQFT
$88
$/SQFT
1880
Built
Neighborhood:
CITY OF LAPEER R ORIGINAL PLAT
County:
Lapeer
Area:
Lapeer
School District:
LAPEER
Property Description
AMAZING INVESTMENT OPPORTUNITY IN LAPEER. The " Calhoun Apartments" include 4 renovated units in a beautiful historic property. Located in a very desirable neighborhood close to town. The current owner was planning to buy & hold for generations, investing heavily in capital improvements. All tenants are current on rent. Area supports a higher rent rate.
Exterior Features

Architecture Level 2 Story Architecture Style Quadruplex Construction Materials Vinyl Foundation Details BasementMichigan Basement Foundation Materials Stone Lot Size Dimensions 100.00X100.00 Pool YN No Road Frontage Type Paved Waterfront YN No

Interior Features

Basement YN Yes Baths Total 4.00 Cooling Ceiling Fan(S)Central AirSeparate Meter Heating Forced AirSeparate Meters Heating Fuel Natural Gas Room Count 0 Sq Ft Combined 4000 Sq Ft Total Basement 1544 Unit Efficiency Number Of 0 Unit One Bed Number Of 4 Unit Three Bed Number Of 0 Unit Two Bed Number Of 0 Water Heater Fuel Natural Gas

Property Features

Assessment 0 Encroachment YN No Gross Scheduled Income 36060.00 Income Projection Actual Land Contract YN Yes Legal Rental Certified YN Yes Listing Financing CashConventionalLand Contract Monthly Rental Income 3005 Net Operating Income 30524.05 Number Of Units Leased 4 Ownership Status Private OwnedShort Sale - No Percent Homestead Exempt YN No Postal City Lapeer Protection Period 6 Month Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 1627.0000 Tax Amount Winter 2203.0000 Title Private - Owned Total Tax 3830.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 605 N CALHOUN ST Water Source Municipal Water Year Remodeled 2020 Zone Conform YN Yes Zoning Multi-Family

IDX provided courtesy of Realcomp II Ltd., via Brookstone, Realtors Llc and Realcomp, ©2021 Realcomp II Ltd. Shareholders.


© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Keller Williams West Bloomfield are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-07-25T22:56:07.45.
 
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Keller Williams West Bloomfield
30500 Northwestern Hwy Ste 300
Farmington Hills MI, 48334