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Sold for $675,000
  • $675,000

    1406 N Saginaw St, Lapeer, MI 48446

    17beds
    8,340sqft
    Multi Family
    Built in 1931
    -- sqft lot
    $805,300 Zestimate®
    $81/sqft
    $1,093 Estimated rent

    Home value

    $805,300

    $725,000 - $902,000

    $1,093/mo

    Zestimate® history
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    Owner options

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    $1,093/mo

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    $1,093/mo

    Rent Zestimate®

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    $4,156/mo

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    $4,156/mo

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    What's special

    Eight fully occupied units right in the City limits offers a turnkey business. Park like setting backs up to the Flint River with ample space for expansion. 26 x38 Maintenance barn includes a 1/2 bath and would be the perfect space to rent out for additional storage for tenants. Tenants all pay their own gas and electric with separate service for each unit. All units have their own septic's that have been regularly maintained and pumped. 4 units have newer furnaces and multiple units have new hot water heaters. One community well with owned water softener. Three dimensional roofs on all buildings are in excellent shape and were new in 2013. Owner covers lawn, snow removal, & trash. Coin Laundry offers additional income for owner. Market Value supports an increase in rents- as is. B/BATVAI

    Zillow last checked:

    Listing updated:

    Listed by:

    Chantel Fick 810-834-6606,

    Realty Executives Main St LLC

    Bought with:

    Lisa A Forbes, 6501323209

    Max Broock Realtors Oxford

    Source: Realcomp II,MLS#: 20230069559MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 17
    • Bathrooms: 10
    • Full bathrooms: 9
    • 1/2 bathrooms: 1
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Ceiling Fans, Central Air
    Appliances
    • Laundry: Laundry Room
    Features
    • Basement: Partial,Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 8,340 sqft
    • Finished area above ground: 8,340

    Property

    Parking
    • Total spaces: 16
    • Parking features: Parking Lot, Paved
    Features
    • Levels: Other
    • Pool features: None
    Lot
    • Size: 5.50 Acres
    • Dimensions: 230 x 694
    Details
    • Additional structures: Pole Barn
    • Parcel number: L220410004000
    • Zoning description: Commercial, MultiFamily
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Basement, Michigan Basement, Poured, Slab
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1931
    • Major remodel year: 1931

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & neighborhood

    Location
    • Region: Lapeer

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    12/5/2023Sold$675,000+8%$81/sqft
    Source: Realcomp II #20230069559 Report a problem
    8/28/2023Pending sale$625,000$75/sqft
    Source: Realcomp II #20230069559 Report a problem
    8/17/2023Listed for sale$625,000+150.1%$75/sqft
    Source: Realcomp II #20230069559 Report a problem
    8/2/2013Listing removed$595
    Source: Castle Group LLC Report a problem
    5/14/2013Listed for rent$595-15%
    Source: Castle Group LLC Report a problem
    11/6/2012Listing removed$700
    Source: Castle Group LLC Report a problem
    10/26/2012Price change$700-12.5%
    Source: Castle Group LLC Report a problem
    9/13/2012Listed for rent$800
    Source: Castle Group LLC Report a problem
    12/9/2010Listing removed$249,900$30/sqft
    Source: TEAM ONE TOWN & COUNTRY R E #29120570 Report a problem
    10/6/2010Listed for sale$249,900$30/sqft
    Source: TEAM ONE TOWN & COUNTRY R E #29120570 Report a problem
    7/24/2010Listing removed$249,900$30/sqft
    Source: TEAM ONE TOWN & COUNTRY R E #29120570 Report a problem
    7/2/2010Price change$249,900-2%$30/sqft
    Source: TEAM ONE TOWN & COUNTRY R E #29120570 Report a problem
    2/27/2010Price change$254,900-15.7%$31/sqft
    Source: TEAM ONE TOWN & COUNTRY R E #29120570 Report a problem
    11/30/2009Listed for sale$302,400$36/sqft
    Source: TEAM ONE TOWN & COUNTRY R E #29120570 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 48446

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $805,300
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $805,300