Price:
$57,500
Address:
2313 Adams Ave
City:
Flint
State:
MI
Zip:
48505
Bedrooms:
4
Bathrooms:
2
Income Producing Duplex for Sale by Owner - 1946 total sq/ft - 2x 2bed/1bath units 2car detached garage Full Unfinished Basement Separate gas, electric, and water paid by tenants Currently managed by Gebrael Management $1,075 monthly rent = $12,900yr / $57,500 purchase price = 22.4% Cap Rate Recent Updates include: New Roof - 2019 New Waterheater Unit 1 - 2019 New Waterheater Unit 2 - 2022 Fresh Exterior Paint - 2022 New Security doors - 2022 Unit 1 - Vacant and rent ready - Was rented for $575/mo Unit 2 - Good paying/month-to-month tenant has been there over a year and plans to stay - rent $500/mo Owner is a licensed realtor in the state of Michigan. Property will also be listed on the MLS. Buyers agents will recieve a 4% commission
Extra Information for 2313 Adams Ave Flint, MI 48505
- Seller Type: By Owner
- Category: Multi-Family Residences for Sale
- Square Feet: 1946
- Listed Date: Aug 21, 2023