147 Myers Road

Beds
4,020 Sq. Ft.
$75 / Sq. Ft.
4,020
Sq. Ft.
$75
per Sq. Ft.

Description

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 Apartmentsâ€. 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...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 Apartmentsâ€. 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.
  1. Listed by Brandon K Rowley • Realty Executives Main St LLC
    P: (810)-728-6417 C: (810)-728-6417 Rowleysells@outlook.com

Property Details for 147 Myers Road

Architectural Style
2 Story
Has Waterfront
No
Zoning Description
Commercial
LISTING CLOSED: 07/11/2025 12:25 PM

Property Details for 147 Myers Road

StatusClosed
MLS #60393394
Days on Market19
Taxes$3,377 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1890
Lot Size1.41 AC / 61,419 SF
CountyLapeer County

Location

Listing Courtesy of Realty Executives Main St LLC

Sold By LPS

Add your commute

Building Information for 147 Myers Road

Stories2Residences5Year Built1890Building Size-Lot Size1.41 AC / 61,419 SF

Payment Calculator

$1,806 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,525

Property Taxes

$281

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 147 Myers Road

Summary
Location and General Information
  • Cross Street: M-21
  • Directions: From M-21 and Myers Rd intersection head north. The building is located directly behind security credit union.
  • Latitude: 43.046049
  • Longitude: -83.284472
  • MLS Area Major: Lapeer Twp (44013)
  • Senior Community: No
  • Township: Lapeer Lapeer Twp
Taxes and HOA
  • Parcel Number: 01200403900
  • Tax Annual Amount: $3,377.00
  • Tax Assessed Value: 87265
  • Tax Other Annual Assessment Amount: $75.00
School Information
  • High School District: Lapeer
Parking
  • Attached Garage: No
Property
Lot Information
  • Direction Faces: West
  • Lot Size Acres: 1.41
  • Lot Size Area: 1.41
  • Lot Size Units: Acres
  • Lot Size Dimensions: 127.00 x 272.00
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
Property and Assessments
  • Above Grade Finished Area: 4020.0
  • Building Area Total: 4020.0
  • Living Area: 4020.0
  • Living Area Source: Assessor
  • New Construction: No
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1890
Building Features
  • Construction Materials: Vinyl Siding
  • Foundation Details: Basement, Crawl Space, Stone
  • Levels: Two
  • Total Stories: 2
Utilities
  • Sewer: Septic Tank
  • Utilities: Natural Gas Available
  • Water Source: Private
Interior and Exterior Features
Interior Features
  • Appliances: Electric Water Heater
  • Basement: Crawl Space
  • Has Basement: Yes
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Has Cooling: No
  • Has Fireplace: No
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
Multi Family
Multi Family Information
  • Number Of Units Leased: 4
  • Number Of Units Total: 5
Income & Expenses
  • Gross Scheduled Income: $41,500
  • Net Operating Income: $28,315
  • Operating Expense: $13,150.00

Property History for 147 Myers Road

DateEvent & SourcePriceAppreciation
Jul 11, 2025

Sold

Realcomp #20250034437

Jul 11, 2025

Contract Signed

Realcomp #20250034437

Jul 10, 2025

Sold

MiRealSource #60393394

$300,000
DateEvent & SourcePrice
07/11/2025

Sold

Realcomp #20250034437

07/11/2025

Contract Signed

Realcomp #20250034437

07/10/2025

Sold

MiRealSource #60393394

$300,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 147 Myers Road

Taxable ValueLand-Additions-Total-
Tax Record2024$159 ($13 / month)
Home Facts
Beds0Lot Size23,958 SqFtStyleResidentialZoningR-1BCountyLAPEERAPN012-004-041-00

Schools near 147 Myers Road

This home is within Lapeer Community Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 7
Public - 10 to 12
Public - PK to 5
Rating
School
Distance
Elva Lynch Elementary School
PublicPK to 5

Rolland Warner Middle School
Public6 to 7

Lapeer East Senior High School
Public10 to 12

Turrill Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Realty Executives Main St LLC

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