1727 N LAPEER ROAD
Mayfield, MI 48446
1896 sqft | 3 beds | 2 baths | #20230049638
Description
Amazing opportunity on this ranch home as it is also a duplex and comes with income producing ability. This 3 bedroom home on a partial basement also comes with a studio apartment off the back. Apartment easily rents for $600+ per month. Main home currently rents for $900 but could be much more too. Live in main home and use the tenants $600 to pay off your mortgage decades ahead of schedule or as positive cash flow each month to help with your living expenses. Currently both units are tenant occupied but would be empty by closing. Home has hardwood flooring and large open living room. Main home has a 1.5 car garage attached which gives you space for storage and your car. Partial basement in main home where laundry is at. Rest of house is on crawlspace that was professionally sealed. Super large driveway for maximum parking and turning around. Great location close to town but just outside city limits for lower taxes and no Lapeer city rules. Both units metered separately for electric but share the natural gas heat bill. The home does need some updating given it is a rental home currently but it is priced accordingly. Seller paid commissions total 3% and are split with any buyers agent. However, seller is only paying for work associated with buying this one home--not for work the buyer had requested done at other homes previously. So Buyer is responsible for the additional cost of the agent services they chose to hire for any amount should their agent require more than 1.5% commission.
Location
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Listing Courtesy
Listing Agent: Amy Forti (#402535)
Listing Office: Realty Volution.com (#292023)
Listing Courtesy (Buyer)
Buyer's Agent: Douglas F Ferrell (#342658)
Buyer's Office: Realty Executives Main St LLC (#321605)