47 Pope Street Lapeer, MI $ 439,000
47 Pope Street
$ 439,000
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47 Pope Street

Lapeer, MI, 48446
$ 439,000
Baths6.0 Sq 3,425

Monthly Estimate*

$ 2,739

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Studio

Multi-Family Home for sale in Lapeer, MI

for $439,000 with 6 full baths. This 3,425 square foot home was built in 1860 on a lot size of 0.17.

6 Unit Multi-Family Investment Property – Near Downtown Lapeer. Each unit offers 1 bedroom and 1 bathroom, with separate gas and electric meters and individual furnaces—tenants pay their own utilities. Current Rent Roll: $4,300/month Full Occupancy Potential: $5,150/month ($61,800 annually) Owner Expenses: Water and trash With only one unit currently vacant and consistent rental income, this is a solid investment opportunity and an excellent addition to any real estate portfolio.

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Multi-Family Active

Price

$ 439,000

Bedrooms

Studio

Full Bath

6

Property Type

Multi-Family

Taxes

$ 6,063

Style

Colonial,Farmhouse

Lot Size

0.17

Year Built

1860

Town/City

Lapeer

County/Region

Lapeer

MLS | Web ID

20240075952

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling WallUnits
Possession AtClose
Roof Asphalt
Patio/Porch Features Covered
Architectural Style Colonial Farmhouse
Pool Features None
Construction Materials VinylSiding
Pets Allowed Yes
Year Built 1860
Levels Two
Property Subtype MultiFamily
County Lapeer
Net Operating Income 41556.0
Operating Expense 20244.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name CITY OF LAPEER R ORIGINAL PLAT
Garage Y/N N
Other Structures Sheds
Rent Includes MaintenanceOnSite Sewer TrashCollection
Full Baths 6
Status Active
Directions North on Main St (M24) Turn E on W Genessee St Turn N on Pine St Turn E on Pope St
City LapeerCity_Lapeer
Disclosures ActualIncome AnnualPropertyOperatingDataAvailable ConformstoZoning TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Lapeer
Zoning Description MultiFamily
Number Of Units Total 6
MLS Area Area09132Lapeer
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 6
Land Lease Y/N N
Tax Annual Amount 6063.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 135000
TaxOtherAnnualAssessmentAmount 0.0
Expected Active Date 2024-10-29
Legal Description CITY OF LAPEER ORIGINAL PLAT NE 1/4 SE'LY 36 FT OF LOT 4 & NW'LY 74 FT OF LOT 5 & SW'LY 60 FT OF VAC ALLEY IN BLOCK 40 (L=1 P=73 SEC 5 T7N-R10E)
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Interior
Basement Full Unfinished
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 3425.0
Half Baths 0
Total Baths 6
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Exterior
Water Source Public
Total Parking 0.0
Lot Size Area 0.17
Foundation Details Basement Poured
Spa N
Lot Dimensions 60.00 x 120.00
Lot Size Acres 0.17
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 47
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* Excluded Features
List By
Kimberly A Bow

Listing Agent

Real Estate One

Broker

(248) 625-0200

Phone

Affordability Calculator

$3,244
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,739
Monthly Property Taxes
$505
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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.
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Nearby
848237 Elementary School
848528 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/15/2025$439,000 -1.35% Price Down
4/22/2025$445,000 -1.11% Price Down
3/11/2025$450,000 -3.23% Price Down
10/28/2024$465,000 Listed Price

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47 Pope Street, Lapeer, MI, 48446 is a Multi-Family Home for sale at $439,000 with 3,425 sqft and a lot size of 0.17. 47 Pope Street is a studio with 6.0 baths and was built in 1860. The property's zip code is 48446 which is in Lapeer, MI