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$189,999
Est. payment /mo
3 Baths
5,662 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Flint
Subdivision Flint
MLS Listing ID 20261061972
Year Built 1898
Annual Tax Amount $5,046
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 48X97
Source Realcomp
Property Description
MLS LISTING ONLY - PLEASE CONTACT NEW EARTH RECOVERY HOUSING LLCInvestment opportunity! Well-maintained triplex in a desirable location near universities, the public library, farmers market, cultural center, museum, shopping, dining, and major expressways. This fully leased, income-producing property features two 1-bedroom units and one spacious 3-bedroom unit with 100% occupancy and established rental income.Current monthly rental income is $2,950, totaling $35,400 annually. Below-market rents offer excellent potential for future income growth.Recent capital improvements include all-new windows, updated plumbing, rebuilt decks and staircases, and numerous additional updates. Each unit features newer carpeting, updated bathrooms, generous living spaces, abundant natural light, and functional layouts. Tenants also enjoy private outdoor space, a spacious yard, and a large paved parking area with ample off-street parking.City Certificate of Compliance CR2500427. Whether expanding your portfolio or beginning your multifamily investment journey, this turnkey property offers immediate cash flow with value-add potential.Showings by appointment only. Please do not disturb tenants.
Location
State MI
County Genesee
Zoning Residential
Direction I 475 to Court Street, west on Court Street, right on Chavez Drive, right on East 3rd Street to the property.
Interior
Heating Baseboard
Exterior
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Flint
Others
Tax ID 4118206003
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Full Circle Real Estate Group LLC
NEARBY SCHOOLS & PROPERTIES
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