Four-Unit Residential Income
46131 S Lakeshore Drive Lawrence, MI 49064
New
For Sale
$385,000
Fully rented four-unit complex features updated windows, doors, multiple AC units, and in-unit dishwashers.
Property Size3,800 SF
Lot Size0.50 Acres
Price / SF$101.32
Days on Market5
Property Features for 46131 S Lakeshore Drive
General Information
Standard status
Active
Size
3,800 SF
Lot size
0.50 Acres
Property subtype
Multi Family Home
Building Details
Year Built
1986
Listing Agency:
RE/MAX Lakeshore
(616) 215-2404
Listed By:
Tantzi Habsburg · License #6501403918
(616) 215-2404
Source:
Eliterealtymi
Added: Jul 25
Changed: Jul 26
Last Checked: Jul 28 at 4:48PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Lakeshore
Investment Insights
Based on property information with market context.
This four-unit residential income property is fully rented and has received multiple updates. Improvements noted include newer windows and doors, AC units, dishwashers, and a new well installed in 2019. The building offers four separate units, each approximately 950 square feet with two bedrooms and one bathroom, along with a common laundry area.
The property sits on a large 1/2-acre lot, providing tenants privacy and ample parking. It is minutes from Lake Cora and Reynolds Lake public access.
A 20’ x 24’ two-stall garage is also included and could support additional income. Each unit’s income and expenses were prepared based on an 8-month management period.
The property sits on a large 1/2-acre lot, providing tenants privacy and ample parking. It is minutes from Lake Cora and Reynolds Lake public access.
A 20’ x 24’ two-stall garage is also included and could support additional income. Each unit’s income and expenses were prepared based on an 8-month management period.
Key Highlights
- Four‑unit complex built in 1986 and fully rented
- Recent updates include newer windows and doors, plus multiple AC units
- In‑unit dishwashers and common laundry area
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Fully rented four-unit complex features updated windows, doors, multiple AC units, and in-unit dishwashers.
Where is this quadplex located?
The property is located at 46131 S Lakeshore Drive Lawrence, MI.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Four‑unit complex built in 1986 and fully rented; Recent updates include newer windows and doors, plus multiple AC units; In‑unit dishwashers and common laundry area
