MLS # 20261017162 (Realcomp)

Opportunity knocks at 4138 Lapeer Rd. This versatile, income-producing property offers flexibility that is getting harder to find and easier to profit from. Situated on nearly 1 acre, this 3-unit setup is ideal for investors, owner-occupants, or anyone looking to create a multi-generational living arrangement with built-in privacy. The main level features a spacious 2-bedroom unit complete with a full kitchen, full bath, comfortable living area, and an additional unfinished Florida room ready for your finishing touches. Upstairs offers a separate 1-bedroom unit with its own kitchen, living space, and potential for a second bedroom, along with a private walkout balcony. Above the garage, a third unit presents a value-add opportunity for the right buyer willing to put in some work and unlock additional rental income.Major mechanical updates have already been taken care of, including a newer roof, furnace, and central air system, all replaced within the past 2 to 3 years. That means less upfront expense and more focus on cash flow or customization. Whether you are looking to house hack and offset your mortgage, expand your rental portfolio, or convert the property back into a spacious single-family home with separate living quarters, the options here are wide open. Functional, and full of potential. Properties like this do not sit long.
Source: SparkMLS
3-bedroom, 3-bath, 1,514 sq ft home in Burton in Burton built in 1947.
This home sold for $130,000 (about $86/sq ft).
Property tax estimate: $4,279 per year ($357/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
Legal Description
LOT 48 SUBURBAN HOMESITES
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Chad Eldridge
Real Estate For A CAUSE
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
4138 Lapeer Road, Burton, MI 48509
View full property history →
Municipality
Burton
View all listings →
We'll notify you when something hits the market in Burton or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.