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$240,000
Est. payment /mo
6 Beds
6 Baths
4,800 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $50
Subdivision Plat Of Groveland
MLS Listing ID 5050217694
Bedrooms 6
Full Baths 6
Year Built 1929
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type MultiFamily
Property Description
Income Producing 6-Unit Multifamily Investment Opportunity!!! Don't miss this exceptional opportunity to own a well maintained 6-unit multifamily property with 5 of the 6 units currently occupied, providing immediate rental income with additional upside through lease-up of the vacant unit. This property offers a strong investment opportunity for both seasoned investors and owner operators looking to increase cash flow. Each tenant is responsible for their own electric utility, helping to minimize operating expenses and maximize your net income. The property's solid occupancy, consistent rental history, and value-add potential make it an attractive addition to any investment portfolio. Whether you're looking to expand your rental holdings or secure a stable income producing asset with room for growth, this multifamily property is worth a closer look.
Location
State MI
County Genesee
Area Area08182Flint
Interior
Heating Natural Gas, Steam
Fireplace No
Exterior
View Y/N No
Building
Foundation Basement
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Flint
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition ShortSaleNo, Standard
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Listed by Madison LaFramboise of Elite Real Estate Professionals, Inc.
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