3-Unit in Flint

Multi-Family for Sale
Catylist Listing ID: 30278251
Property Subtypes: Duplex/Fourplex
Number of Units: 3 Units
Building Size (RSF): 1,908 SF
Gross Land Area: 0.12 Acres
Sale Price: $30,000
Unit Price: $10,000 Per Unit
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/15/2018

Overview / Comments

3-unit building located downtown Flint! Each unit is 1 bedroom and has its own private entry. Building has off-street parking and partially fenced grassy lot. This building is clean and ready to be rented as-is, or make modest updates to flooring and baths for higher rental income. Building offers tenants easy commute to UM Flint, Mott, and downtown shopping & restaurants. Landlord pays all utilities.

Additional Details

Nearest MSA: Flint
County: Genesee
Tax ID/APN: 4012405012
Percent Occupied: 0%
Total Number of Buildings: 1
Property Condition: Average
Number of Stories: 2
Parking Type: Surface
Parking Description: Off-Street parking for residents
Total Parking Spaces: 3
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Fuel: Gas
Interior Description: Units are clean. Could use modest updates in kitchens or baths/flooring, but rental income would be similar to renting it out as-is.
Lot Frontage: 70
Lot Depth: 75
Water Service: Municipal
Sewer Type: Municipal
Legal Description: MCFARLAN & CO.'S WESTERN ADDITION E 77-1/2 FT OF LOT 1, BLK 26

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,225 102,258 186,041
Median Age: 30.56 34.29 36.2
Households: 4,951 40,734 74,282


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