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$599,000
Est. payment /mo
8 Baths
5 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Lapeer Twp
Subdivision Lapeer Twp
MLS Listing ID 20261036085
HOA Y/N true
Year Built 1966
Annual Tax Amount $7,418
Lot Size 5.000 Acres
Acres 5.0
Lot Dimensions 546x1294x563x520
Source Realcomp
Property Description
Lakefront income opportunity? Family compound? Incredibly unique FULLY UPDATED property consisting of a main house duplex with upper 4 bedroom/2 bath unit and lower level 3 bed/1 bath. Lake front cottage is 1 bed/1 bath and a 4-unit apartment building with a 2-bedroom unit and 3, 1-bedroom units. The upgrades, updates and renovations make this a turn-key situation that rarely comes to market. Situated on 5 breathtaking acres on Freedom Lake with the south branch of the Flint River right across a wooden bridge bordering the back of the property. Natural gas, paved road and drive, full home Generac generator and detached garage for added storage. Updates 1392 Maple Grove: new windows (2024), new bathroom (2023), flooring (2024), new electrical panel upgrade to current code (2024), new boiler (2024), hot water heater (2024). Updates 1390 Maple Grove: complete interior renovation (2024), roof (2025), new electrical (2024), new furnace and hot water heater (2024). Updates 1388 Maple Grove: new electric panel (2023), new flooring (2023), 5 new mini splits Mitsubishi (2024), 4 new water heaters (2024), roof (2025), well pump and controller (2026), updated sump pump (2026), french drain (2026). 40 x 10 Greenhouse (2025), new underground electrical (2025). A substantial amount of money has been invested into this lakeside listing; we are searching for unique buyers that recognize the investment potential or multigenerational possibility and have a vision to expand this stunning property into its next chapter. Buyer to verify all future usage and zoning requirements.
Location
State MI
County Lapeer
Zoning Multi-Family,Residential
Direction Imlay city rd to maple grove rd south
Rooms
Basement Slab
Interior
Heating Hot Water
Cooling Central Air
Exterior
Amenities Available Pets Allowed
Waterfront Description Lake,River
View Y/N No
Building
Water Well
Structure Type Brick,Vinyl Siding
Schools
School District Lapeer
Others
Tax ID 01201403300
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Max Broock, REALTORS®-Bloomfield Hills
Nearby School & Business
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