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220 W Park Street Lapeer, MI $ 198,000
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$ 198,000 Get more info
220 W Park Street
$ 198,000
Back to search
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220 W Park Street

Lapeer, MI, 48446
$ 198,000
Baths2.0 Sq 1,621

Monthly Estimate*

$ 1,235

220 W Park Street, Lapeer, MI 48446 - Image 1
220 W Park Street, Lapeer, MI 48446 - Image 2
220 W Park Street, Lapeer, MI 48446 - Image 3
220 W Park Street, Lapeer, MI 48446 - Image 4
220 W Park Street, Lapeer, MI 48446 - Image 5
220 W Park Street, Lapeer, MI 48446 - Image 6
220 W Park Street, Lapeer, MI 48446 - Image 7
220 W Park Street, Lapeer, MI 48446 - Image 8
Studio

Multi-Family Home for sale in Lapeer, MI

for $198,000 with 2 full baths. This 1,621 square foot home was built in 1890 on a lot size of 0.17.

**Charming Duplex in the Heart of Lapeer!** Fully rented 2-unit property offering a great investment opportunity. The **main floor unit** features 2 spacious bedrooms, beautiful hardwood floors, a **newly updated bathroom**, convenient **laundry area**, and access to both a **side porch** and **garage**. The **upper unit** has a bright, open layout—perfect for easy living. All **appliances included** (refrigerators and stoves). Please allow **24-hour notice** for all showings. A perfect time to add a reliable rental to your portfolio! 📍 **220/222 W Park St, Lapeer**

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Multi-Family Active

Price

$ 198,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,062

Style

Upper Lower Apartment

Lot Size

0.17

Year Built

1890

Town/City

Lapeer

County/Region

Lapeer

MLS | Web ID

20251045738
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession RentalAgreement
Garage Spaces 0.0
Patio/Porch Features Covered Porch
Architectural Style UpperLowerApartment
Pool Features None
Construction Materials WoodSiding
Pets Allowed No
Year Built 1890
Levels Two
Property Subtype MultiFamily
County Lapeer
Net Operating Income 20830.0
Operating Expense 3950.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name CITY OF LAPEER R LAPEER VILLAGE
Garage Y/N N
Rent Includes TrashCollection YardMaintenance
Full Baths 2
Status Active
Directions Court to Park second house west of Park.
City LapeerCity_Lapeer
Disclosures ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Lapeer
Zoning Description MultiFamily
Number Of Units Total 2
MLS Area Area09132Lapeer
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 1
Land Lease Y/N N
Tax Annual Amount 2062.0
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 43320
Expected Active Date 2025-10-16
Legal Description CITY OF LAPEER LAPEER VILLAGE PLAT SW'LY 60 FT OF NE'LY 120 FT OF BLK KNOWN AS CONGREGATIONAL CHURCH LOT (L=1 P=73 SEC 5 T7N-R10E)
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Exterior
Exterior Amenities Lighting
Water Source Public
Foundation Details Block MichiganBasement Stone
Spa N
Lot Dimensions 60x120
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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Interior
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1621.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Internal Only
Street Number 1 220
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* Excluded Features
List By
Jeanne McCorkle

Listing Agent

Exit Realty Group

Broker

(810) 245-2600

Phone

Affordability Calculator

$1,407
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,235
Monthly Property Taxes
$172
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/16/2025$198,000 Listed Price

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220 W Park Street, Lapeer, MI, 48446 is a Multi-Family Home for sale at $198,000 with 1,621 sqft and a lot size of 0.17. 220 W Park Street is a studio with 2.0 baths and was built in 1890. The property's zip code is 48446 which is in Lapeer, MI

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