Property Type:
Multi Family
Lot Size (sq. ft.):
21,780
Status:
Active
Current Price:
$385,000
List Date:
4/17/2026
Last Modified:
4/17/2026
46131 S Lakeshore Drive, Lawrence, MI 49064
New Listing
$385,000
Overview
Description
Listing Details MLS# 26016170
Location Property Info
- County
- Van Buren
- Street #
- 46131
- Street Direction
- S
- Street Name
- Lakeshore
- Suffix
- Drive
- State
- MI
- Zip Code
- 49064
General Property Info
- Lot Measurement
- Acres
- Lot Square Footage
- 21780
- Lot Acres
- 0.5
- Lot Dimensions
- 132x164
- Year Built
- 1986
- New Construction
- No
- Road Frontage
- 132
- Total # Units
- 4
- # of Diff Unit Floor Plans
- Yes
- Total # Bldgs
- Yes
- Total Approx. SqFt All Bldgs
- 3800
- Total Parking Spaces
- 8
- Waterfront
- No
- School District
- Lawrence
- Basement
- Yes
Tax Info
- Tax ID #
- 801302401210
- Taxable Value
- 54446
- SEV
- 60700
- For Tax Year
- 2025
- Seller's Annual Property Tax
- 2836
- Tax Year
- 2025
- Spec Assessment & Ty
- NA
- Homestead %
- 0
Remarks Misc
- 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.
Waterfront Options
- Water Access Y/N
- No
More Information
Access Feat
- Accessibility Features
- No
Income and Expenses
- Annual Maintenance
- 1029.78
- Annual Mgmt. Fees
- 3520
- Annual Utilities
- 1505.97
- Gross Op. Inc.
- 29005
- Net Operating Income
- 22190.85
- Operating Expense
- 6814.15
Unit 1
- Unit #
- Yes
- Unit Description
- Lower
- SqFt
- 950
- Occupied
- Yes
- Monthly Rent
- 1150
- Bathrooms
- Yes
- Full Baths
- Yes
- A/C Unit
- Yes
- Deck/Patio
- Yes
- Dishwasher
- Yes
- Range Oven
- Yes
- Refrigerator
- Yes
Unit 2
- Unit Description
- Lower
- SqFt
- 950
- Occupied
- Yes
- Monthly Rent
- 1049
- Bathrooms
- Yes
- Full Baths
- Yes
- A/C Unit
- Yes
- Deck/Patio
- Yes
- Dishwasher
- Yes
- Range/Oven
- Yes
- Refrigerator
- Yes
Unit 3
- Unit Description
- Upper
- SqFt
- 950
- Occupied
- Yes
- Monthly Rent
- 1081
- Bathrooms
- Yes
- Full Baths
- Yes
- Range/Oven
- Yes
- A/C Unit
- Yes
- Deck/Patio
- Yes
- Dishwasher
- Yes
- Refrigerator
- Yes
Unit 4
- Unit Description
- Upper
- SqFt
- 950
- Occupied
- Yes
- Monthly Rent
- 1081
- Bathrooms
- Yes
- Full Baths
- Yes
- Deck/Patio
- Yes
- Dishwasher
- Yes
Location & Property Info
- Cross Streets
- 46th St and Lakehsore Dr
- Property Sub-Type
- 2 to 4 Units
- Municipality
- Lawrence Twp
- Ownership Type
- Private Owned
Office/Contract Info
- Auction or For Sale
- For Sale
- List Price/SqFt
- 101.32
Remarks & Misc
- Public Remarks
- ATTENTION INVESTORS! 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.
- Legal
- Lengthy, on record in office
Street Type
- Paved
- Yes
Util Avail at Street
- Cable Available
- Yes
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Phone Available
- Yes
Utilities Attached
- Natural Gas Connected
- Yes
Sewer
- Septic Tank
- Yes
Water
- Well
- Yes
Terms Available
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
- VA Loan
- Yes
Mineral Rights
- Unknown
- Yes
Laundry Features
- Common Area
- Yes
- Electric Dryer Hookup
- Yes
- In Basement
- Yes
Exterior Material
- Vinyl Siding
- Yes
Roofing
- Composition
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Heat Type
- Baseboard
- Yes
Air Conditioning
- Wall Unit(s)
- Yes
Tenant Pays
- Electric
- Yes
Driveway
- Aggregate
- Yes
- Asphalt
- Yes
Substructure
- Daylight
- Yes
- Walk-Out Access
- Yes
Extras
- Garages
- Yes
Owner Pays
- Gas
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
- Water
- Yes
Possession
- Close Of Escrow
- Yes
Property Features
Laundry Features:
Common Area; Electric Dryer Hookup; In Basement
Exterior Material:
Vinyl Siding
Roofing:
Composition
Substructure:
Daylight; Walk-Out Access
Sewer:
Septic Tank
Water:
Well
Utilities Attached:
Natural Gas Connected
Util Avail at Street:
Cable Available; Electricity Available; Natural Gas Available; Phone Available
Extras:
Garages
Owner Pays:
Gas; Sewer; Trash Collection; Water
Tenant Pays:
Electric
Heat Source:
Natural Gas
Heat Type:
Baseboard
Air Conditioning:
Wall Unit(s)
Driveway:
Aggregate; Asphalt
Street Type:
Paved
Mineral Rights:
Unknown
Terms Available:
Cash; Conventional; FHA; VA Loan
Possession:
Close Of Escrow
Sale Conditions:
None
Unit 1:
A/C Unit; Deck/Patio; Dishwasher; Range Oven; Refrigerator
Unit 2:
A/C Unit; Deck/Patio; Dishwasher; Range/Oven; Refrigerator
Unit 3:
Range/Oven; A/C Unit; Deck/Patio; Dishwasher; Refrigerator
Unit 4:
Deck/Patio; Dishwasher
Documents
Seller's Disc ›
Listing Office:
RE/MAX Lakeshore
Listing Agent:
Tantzi Habsburg
Last Updated: April - 17 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
