Description
Located in the heart of flint's sought-after college cultural district, this three-unit property is the ideal investment for savvy buyers or first-time investors. with well-maintained units and reliable tenants already in place, this property generates nearly $2,000 in monthly rental income—offering an excellent 8.75% gross annual return at the listed price of $160,000!
each unit boasts a spacious layout. currently, two units are rented, providing immediate cash flow, while the third is move-in ready—making it perfect for an owner-occupant to live onsite while renting out the other two units. alternatively, rent out all three units and maximize your return on investment!
the property is nestled in a prime location, just minutes from the flint cultural center, mott community college, and university of michigan-flint. tenants love the convenience of being close to top schools, restaurants, shopping, and entertainment, ensuring strong demand and high occupancy rates year-round.
Property Type
MultifamilySubdivision
BrooksideCounty
GeneseeStyle
ColonialAD ID
47646359
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Property Details
-
Interior Features
Bathroom Information
- Total Baths: 3
- Full Baths: 3
Room Information
- Porches: Deck,Patio,Porch
Interior Features
- Other,Laundry Facility
- Basement Description: Unfinished
Heating & Cooling
- Heating: Forced Air
- Heating Fuel: Natural Gas
-
Exterior Features
Building Information
- Year Built: 1955
- Building Stories: 2 Story
- Total Units: 3
- Foundation/Basement: Basement
- Architecture: Colonial
Exterior Features
- Fenced
- Construction: Vinyl
Utility Features
- Sewer: Public Sewer (Sewer-Sanitary)
Water
- Public (Municipal)
-
Property / Lot Details
Lot Information
- Lot Size: 0.12
- Dimensions: 50.00 x 101.10
Property Information
- SQ ft: 2633
- Subdivision: BROOKSIDE
- Financing: Cash,Conventional
-
Listing Information
Listing Price Information
- Original List Price: $160,000
Listing Information
- Possession: At Close
- Legal Description: BROOKSIDE LOT 181
-
Taxes / Assessments
Tax Information
- Annual Tax: $4,108
- Parcel Number: 4117204010
Possession
- At Close
Legal Information
- Legal Description: Section: BROOKSIDE LOT 181
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking: 3
- Has Garage: Yes
Multi-Unit Information
- Road Frontage: Paved
Unit 1 Information
- # of Bedrooms: 3
-
School, Utilities & Location Details
Utility Information
- Water:Public (Municipal)
- Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 11/19/2024 @ 15:51
- MLS: 620547756
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Realcomp II Ltd
is a Multifamily, with 3 bedrooms which is for sale, it has 2,633 sqft, 0 sized lot, and Garages,Paved parking. A comparable Multifamily, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Flint , in zip code 48503, this Genesee County Multifamily , it is in the BROOKSIDE Subdivision, are nearby neighborhoods.