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Scott Hutchison

scott@web-homes.net +1(616) 291-0440

$ 184,999

Est. payment | -/mo

3 Baths

5,662 Sqft Lot

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$ 184,999

Est. payment | -/mo

Save

3 Baths

5,662 Sqft Lot

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

Listed by Full Circle Real Estate Group LLC

NEARBY SCHOOLS & PROPERTIES

“Part of my Job as Your Real Estate Expert is to protect you from the incompetency that runs rampet in our industry”

+1(616) 291-0440

scott@web-homes.net

8 N. Bridge Street Suite 104B, Rockford, MI 49341, United States

612 E 3rd Street Flint, MI 48503

Scott Hutchison

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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612 E 3rd Street