7 units total, owner was living in upper half of house and renting the other 6 units. Additional garage space and living space that is not currently rented could be used for additional income. Great stable rental income with very little vacancies. Lots of updates including roof and back up generator, plus this is all on a beautiful 5 acre lot along the south branch of the flint river, plus has a beautiful pond. The home features a elevated sunroom overlooking the pond, and the wildlife in the back yard. Either keep it all as rentals or live in the house and rent out the rest! All this on a paved road and with natural gas in lapeer school district. This is a must see investment home! Not a foreclosure or short sale! Fast response to all offers. Call listing agent for more details.
The vacancy rate of homes in 48446 is
8.57% with 71.5% of homes being owner-occupied. The median household income in 48446 is $50339 per year with those between 45 and 64 having the highest median income at $62428.