5241 Lapeer Road $237,000

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    5241 Lapeer Road Kimball, MI 48074

    Sold
    SOLD 5/11/2021

    $237,000

    Market Estimate
    • 2,500 sq. ft.
    • 2.93 Acres
    • Commercial
    • MLS# 31344319
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    Views: 32

    Property Details

    Price Reduced! Great investment opportunity. House could be rented along with existing mobile home to generate revenue in excess of $24,000 per year, as is. Includes additional excess property to use for additional development. This listing also includes property ID 375-25-002-3007-010, which currently has 3 rented mobile homes. That property is zoned commercial. An easement will be granted from 5245 Lapeer Road to provide access, unless the property is sold together. 5245 Lapeer is also for sale under a separate listing. Purchaser to assume both drain assessments.

    • General Features
      • Acreage 2.93
      • Area Municipality Kimball Twp (74040)
      • County St. Clair
      • Originating MLS MiRealSource
      • Ownership Private
      • Total SqFt Finished 2500
      • Waterfront Y/N No
      • Year Built 1835
      • ZONING Commercial,Residential
    • Building Features
      • Exterior Construction Brick
      • Foundation Type Basement
      • Heating System Forced Air
      • FUEL TYPE Natural Gas
      • Roofing Asphalt
    • Property Features
      • Water Public Water
      • Lot Size 240x530x450x250x285
      • Sewer Septic Public Sanitary

    Neighborhood

    48074 (Kimball) Demographics

    44 Median Age
    247 Population Density (per sq. mile)
    27% College Educated
    $56,012 Estimated Median Income
    3,308 Estimated Total Home Owners
    310 Estimated Total Renters
    91% / 9% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    9,220 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $212,000 Median Sales Price
    11 Homes Sold
    14 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source: Multiple Listing Service New Value: $0 -100%
        5/11/2021 3:00:00 AM Sold Source: Multiple Listing Service New Value: $237,000
        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.