$160,000
2108 HILLS Street Flint, MI 48503
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$160,000
Est. payment /mo
3 Baths
5,227 Sqft Lot
UPDATED:
11/16/2024 11:02 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Flint
Subdivision Flint
MLS Listing ID 20240086301
Originating Board Realcomp
Year Built 1955
Annual Tax Amount $4,108
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 50.00 x 101.10
Property Description
Located in the heart of Flint's sought-after College Cultural District, this three-unit property is the ideal investment for savvy buyers or first-time investors. With well-maintained units and reliable tenants already in place, this property generates nearly $2,000 in monthly rental income—offering an excellent 8.75% gross annual return at the listed price of $160,000!Each unit boasts a spacious layout. Currently, two units are rented, providing immediate cash flow, while the third is move-in ready—making it perfect for an owner-occupant to live onsite while renting out the other two units. Alternatively, rent out all three units and maximize your return on investment!The property is nestled in a prime location, just minutes from the Flint Cultural Center, Mott Community College, and University of Michigan-Flint. Tenants love the convenience of being close to top schools, restaurants, shopping, and entertainment, ensuring strong demand and high occupancy rates year-round.
Location
State MI
County Genesee
Area Genesee County - 10
Zoning Multi-Family
Direction East on Court, turn right on Lafayette, turn left on Hills
Interior
Heating Forced Air
Exterior
Waterfront No
View Y/N No
Building
Sewer Public
Water Public
Structure Type Vinyl Siding
Others
Tax ID 4117204010
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by The Brand Real Estate
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Joey Atkins
Owner / Managing Broker | License ID: RB17000834
Owner / Managing Broker License ID: RB17000834