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$149,900
Est. payment /mo
2 Baths
4,356 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Flint
Subdivision Flint
MLS Listing ID 20261040817
Year Built 1929
Annual Tax Amount $673
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 45X100
Source Realcomp
Property Description
Turnkey duplex investment opportunity offering immediate income and significant upside potential. This well-maintained property features two 2-bedroom, 1-bath units with separate utilities and approximately 1,728 square feet of living space. The lower unit is occupied by a long-term Section 8 tenant of 13 years currently on a month-to-month lease. The property recently completed its Section 8 inspection and approval process, providing added confidence for investors seeking stable rental income. The upper unit is vacant and ready for a new tenant or owner occupant. Major capital improvements have already been completed, including a newer roof (approximately 2 years old), new mini-split heating and cooling systems in both units, separate furnaces, updated electrical, newer hot water tank, Wallside windows, glass block basement windows, and updated appliances. The upper unit features a brand-new gas range, while the lower unit's refrigerator and range are approximately 3 years old. Both units include dishwashers. Additional features include separate utility meters, shared basement laundry, storage space, and low-maintenance vinyl siding. Nearby comparable duplexes are achieving substantial rental rates over $1,000 per unit monthly, creating an opportunity for future income growth. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this property presents an excellent opportunity to build equity and cash flow.
Location
State MI
County Genesee
Zoning Residential
Direction N of Atherton E of Fenton
Interior
Heating Forced Air
Cooling Wall Unit(s)
Exterior
View Y/N No
Building
Lot Description Sidewalk
Water Public
Structure Type Vinyl Siding
Schools
School District Flint
Others
Tax ID 4119384017
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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Listed by Vie Real Estate
Nearby School & Business
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Nick Schweihofer
Team Leader, Broker | License ID: 6506047709
Team Leader, Broker License ID: 6506047709
REVIEWS
- Nick did an awesome job in helping us find and purchase our condo. He listened to our wants and identified options and in the end we found a good fit for our needs for a vacation home Since we are far from Holland Nick set up a couple video tours to reduce travel. Thanks Nick for all the hard work and insight. We are very excited about our new home!Gordon L
- Nick was awesome to work with! I just went through the process of purchasing my first home and Nick couldn’t have made it any easier. He is super knowledgeable about the industry and the area. He answered all my questions and made sure to point out things I may not be thinking of since it was my first time going through the process. He was attentive, super responsive, easy to talk to, and truly cares about finding his clients a home they’ll love! I’m looking forward to working with him again in the future and would definitely recommend him as an agent!Emily Rzeszutko
- Nick was amazing to work with! This was my first time buying a house. Nick was very patient and took the time to walk me through everything and address all my questions. He was always quick to respond. He was clearly knowledgeable about the area and was great at pointing out and educating me on issues to watch for as we walked through houses. I absolutely recommend Nick to anyone buying or selling a home, and look forward to working with him again in the future!Kayla Kocal
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