Cash-flowing investment opportunity with significant upside. This 2,500 sq ft property is currently generating $2,500/month with a tenant in place, offering immediate income from day one. DO NOT DISTURB TENANT - Must schedule an appointment to access the property/yard, etc.A;The property is ideally suited for group home, veteran housing, or… Read More shared living use, with a layout that can be configured into 6 separate bedrooms and up to 10-12 total beds. Similar housing models support $800-$1,000 per bed, presenting a potential revenue range of $7,000-$12,000/month depending on occupancy and operator execution.A;Located approximately 3 miles from McLaren Flint Hospital, near Kettering University, and within close proximity to major medical services in the Grand Blanc area, this property sits in a strong demand corridor.A;At the current price of $73,900, the property is generating approximately $30,000 annually, making this a high-yield opportunity rarely found in this market.A;Property is priced to reflect condition, including garage repair, sump pump replacement, and cosmetic updates. Cash buyers only.A;Seller relocating out of state. First serious buyer wins. Do not disturb tenant. Showings with proof of funds. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Red Fox Realty LLC, 810-630-6652.
Listing Snapshot
Days Online
40
Last Updated
Property Type
Residential
Beds
5
Full Baths
2
Square Ft.
2,474
Lot Size
0.24 Acres
Year Built
1926
MLS Number
20261009082
30 Days Snapshot Of 48504
$59k
-5%
(avg) sold price
15
-6%
homes sold
64
-8%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
2,474 total square feet, 2,474 combined square feet, 1,266 total basement square feet, Built in 1926, Architectural style: Dutch Colonial, 2 Story, Aluminum
Fireplaces
Basement, Fireplace?: 1
Foundation
Basement
Garage
Detached, 2 Car, Garage?: 1
Water Features
Public (Municipal)
Heating
ENERGY STARAE; Qualified Furnace Equipment, Hot Water, Natural Gas
Lot
Lot size area: 0.24, Lot size dimensions: Irregular
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