315 E Nepessing St | Lapeer, MI 48446
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- LoopNet Team
315 E Nepessing St
Lapeer, MI 48446
Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- 6-Unit Apartment Complex (3 x 1-Bdrm & 3 x 2-Bdrm)
- All Units Remodeled as of July 2024
- Walkable to Downtown Lapeer
- 100% Occupied w/ Annual Leases
- Purchased 2023 - Taxes Uncapped within last 12 Months. Should Minimize Increase on Future Purchase
- Additional Room to Increase Rents to Market Rate
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.28 AC |
| Property Type | Multifamily | Building Size | 5,139 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1985 |
| Building Class | C | ||
| Zoning | RM-1 M | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 5,139 SF |
| No. Stories | 2 |
| Year Built | 1985 |
| Zoning | RM-1 M |
AMENITIES
UNIT AMENITIES
- Air Conditioning
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 3 | - | 700 |
| 2+1 | 3 | - | 900 |
PROPERTY TAXES
| Parcel Number | L21-40-109-040-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $206,200 |
PROPERTY TAXES
Parcel Number
L21-40-109-040-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$206,200
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