$150,000 for Sale
4138 lapeer road, burton, MI 48509
| Beds 3 | Baths 3 | 1,514 Sqft | 0.86 Acres |
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Property Description
Opportunity knocks at 4138 Lapeer Rd. This versatile, income-producing property offers flexibility that is getting harder to find and easier to profit from. Situated on nearly 1 acre, this 3-unit setup is ideal for investors, owner-occupants, or anyone looking to create a multi-generational living arrangement with built-in privacy. The main level features a spacious 2-bedroom unit complete with a full kitchen, full bath, comfortable living area, and an additional unfinished Florida room ready for your finishing touches. Upstairs offers a separate 1-bedroom unit with its own kitchen, living space, and potential for a second bedroom, along with a private walkout balcony. Above the garage, a third unit presents a value-add opportunity for the right buyer willing to put in some work and unlock additional rental income. Major mechanical updates have already been taken care of, including a newer roof, furnace, and central air system, all replaced within the past 2 to 3 years. That means less upfront expense and more focus on cash flow or customization. Whether you are looking to house hack and offset your mortgage, expand your rental portfolio, or convert the property back into a spacious single-family home with separate living quarters, the options here are wide open. Functional, and full of potential. Properties like this do not sit long.
General Information
Sale Price: $150,000
Price/SqFt: $99
Status: Active
MLS#: 60976677
City: burton
Post Office: burton
Schools: bentley community school district
County: Genesee
Subdivision: suburban homesites
Acres: 0.86
Lot Dimensions: 125 x 300
Bedrooms:3
Bathrooms:3 (3 full, 0 half)
House Size: 1,514 sq.ft.
Acreage: 0.86 est.
Year Built: 1947
Property Type: Single Family
Style: Contemporary
Features & Room Sizes
Bedroom 1: 11x11
Bedroom 2 : 13x10
Bedroom 3: 11x10
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen: 14x13
Livingroom: 18x11
Pole Buildings:
Paved Road: Paved Street
Garage: 2
Garage Description: Attached Garage
Exterior: Aluminum
Exterior Misc: Exterior Balcony,Deck,Porch
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Cooling: Ceiling Fan(s),Central A/C
Heating: Forced Air
Fuel: Natural Gas
Watersource: Private Well
Tax, Fees & Legal
Est. Summer Taxes: $2,599
Est. Winter Taxes: $1,680
HOA fees:
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Listing By: Chad Eldridge of Real Estate For A CAUSE, Phone: 810-344-7275
