46131 S Lakeshore Drive
Lawrence, MI 49064

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Description

APPOINTMENT REQUIRED. DO NOT APPROACH TENANTS!!! This four unit complex is fully rented and has many recent updates. Many newer windows and doors, AC Units, dishwashers and a new well in 2019. The location of the large. country 1/2 acre lot gives tenants privacy and lots of parking and is minutes from Lake Cora and Reynolds Lake Public access. 4-950 sq.ft. units, 2 bed, 1 bath each. 20'x24' 2 stall garage could support extra income. Common laundry area. Income and expenses are based on 8 month management period.

Features

• Property Type: Multi Family Home
• Sub Type: 2 to 4 Units
• Listing Status: Active
• County/Area: Van Buren County
• Zip Code: 49064
• Year Built: 1986
• School District: Lawrence
• Units: 4 units
• Basement: Daylight, Walk-Out Access, Yes, Yes
• # of Parking Spaces: 8
• Lot Size: 0.5 acres
• Annual Utilities: 1505.97
• Construction Materials: Vinyl Siding
• Cooling: Wall Unit(s)
• Cross Street: 46th St and Lakehsore Dr
• Directions: FROM M-51 & RED ARROW HIGHWAY GO WEST ON RED ARROW HIGHWAY TO (STAY LEFT) TERRITORIAL TO 46TH ST. TURN LEFT (SOUTH) TO LAKESHORE DRIVE, TURN RIGHT. SECOND HOME ON LEFT.
• Driveway: Aggregate, Asphalt
• Extras: Garages
• Gross Income: 29005
• Heat Source: Natural Gas
• Heat Type: Baseboard
• Heating: Baseboard
• Laundry Features: Common Area, In Basement, Electric Dryer Hookup
• Lot Size Area: 0.5
• Lot Size Square Feet: 21780
• Lot Size Units: Square Feet
• Main Type: Multi Family
• Maintenance Expense: 1029.78
• Manager Expense: 3520
• Number Of Buildings: 1
• Number Of Diff Unit Floor Plans: 1
• Operating Expense: 6814.15
• Owner Pays: Gas, Sewer, Trash Collection, Water
• Ownership: Private Owned
• Parcel Number: 801302401210
• Parking Features: Aggregate, Asphalt
• Possession: Close Of Escrow
• Road Frontage: 132
• Road Surface Type: Paved
• Roof: Composition
• SEV: 60700
• Sewer: Septic Tank
• SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6IlQwMDAwMDAwNiIsIkxpc3RpbmdJRCI6IjI2MDE2MTcwIiwiU3RhbmRhcmRTdGF0dXMiOiJBY3RpdmUiLCJNb2RpZmljYXRpb25UaW1lc3RhbXAiOiIyMDI2LTA0LTIwVDE2OjQ0OjQ0LjAwMFoiLCJMaWNlbnNlZUlEIjoib2F1dGgyXzE1NjM0IiwiTGljZW5zZWVOYW1lIjoiaUhPVVNFd2ViLCBJbmMuIn0.T7krY_S2IdQPkDpZSR6mqrhxWwmbAbmk5GCd8Sbar5Y/badge
• Street Type: Paved
• Tax Annual Amount: 2836
• Tax Legal Description: Lengthy, on record in office
• Tax Year: 2025
• Tenant Pays: Electricity
• Terms Available: Cash, Conventional, FHA, VA Loan
• Total Approx Sq Ft All Bldgs: 3800
• Township: Lawrence Twp
• Util Availat Street: Cable Available, Electricity Available, Natural Gas Available, Phone Available
• Utilities: Natural Gas Connected, Cable Available, Electricity Available, Natural Gas Available, Phone Available
• Water Access: No
• Water Source: Well