Spectacular opportunity to own this well-maintained 5-unit apartment building In Lapeer Twp! Owned by the same family for over 45 years. Situated on the top of the hill off the corner of Myers Rd and M-21 and better known as the “East Hill Apartments”. Each of the 5 units have their own separate utility meters (natural gas & electric). The entire building boasts over 4,000 square feet. Unit 1 is 675 sq ft on the first floor with 2 bedrooms, 1 bath, kitchen, plus laundry. Unit 2 is 1,100 sq ft lower and upper floor with 2 bedrooms, 1 bath, a living room, kitchen, laundry and enclosed porch. Unit 3 is 648 sq ft on the first floor with 1 bedroom, 1 bath, kitchen and laundry. Unit 4 is 1,108 sq ft on the second floor and has 2 bedrooms, 1 bath, kitchen, living room and laundry. Unit 5 is 576 sq ft on the first floor and has 1 bedroom, 1 bath, kitchen, living room and a screened porch. All 5 units have their own separate entrances and 4 out of 5 units have their own laundry hookup. Several of the apartments have been rented by the same tenants for many years. The roof, windows, siding, attic insulation and ventilation have been upgraded over approximately the past 10-15 years. A separate half an acre lot is included in the sale and is located directly to the north. This additional lot offers many opportunities and could be utilized for a potential garage building/carport. Conveniently located just a few minutes to downtown Lapeer or I-69.
For sale
Price cut: $39.9K (4/18)
$340,000
147 Myers Rd, Lapeer, MI 48446
8beds
4,020sqft
Est.:
Multi Family
Built in 1890
-- sqft lot
$322,400 Zestimate®
$85/sqft
$-- HOA
What's special
- 37 days
- on Zillow |
- 1,888 |
- 115 |
Zillow last checked: 7 hours ago
Listing updated: April 18, 2025 at 12:52pm
Listed by:
Brandon K Rowley 810-728-6417,
Realty Executives Main St LLC 810-667-1700
Source: Realcomp II,MLS#: 20250018577

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Forced Air, Natural Gas
Features
- Basement: Partial,Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 4,020 sqft
- Finished area above ground: 4,020
Property
Parking
- Total spaces: 8
- Parking features: Parking Pad
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Porch
- Pool features: None
Lot
- Size: 1.41 Acres
- Dimensions: 127.00 x 272.00
Details
- Parcel number: 01200403900
- Zoning description: Commercial
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Farmhouse
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Basement, Crawl Space, Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Location
- Region: Lapeer
Financial & listing details
- Price per square foot: $85/sqft
- Tax assessed value: $87,265
- Annual tax amount: $3,377
- Date on market: 3/19/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Loading
- Loading