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. The property is ideally suited for group home, veteran housing,… Read More or 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. 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. 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. Property is priced to reflect condition, including garage repair, sump pump replacement, and cosmetic updates. Cash buyers only. Seller relocating out of state. First serious buyer wins. Do not disturb tenant. Showings with proof of funds. Read Less
Courtesy of Red Fox Realty LLC.
Listing Snapshot
Days Online
52
Last Updated
Property Type
Single Family
Beds
5
Full Baths
2
Square Ft.
2,474
Lot Size
0.24 Acres
Year Built
1926
MLS Number
60969447
30 Days Snapshot Of 48504
$113k
0%
(avg) sold price
0
-100%
homes sold
70
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved Street
Basement
Unfinished
Building
2,474 square feet, 13 total rooms, Built in 1926, Style: 2 Story
Dining Room
Length: 10 feet, Width: 14 feet
Exterior Features
Aluminum, Exterior Balcony
Fireplaces
Basement Fireplace
Foundation
Basement
Family Room
Length: 19 feet, Width: 11 feet
Garage
2 car spaces in garage, Detached Garage
Water Features
Public Water
Heating
Natural Gas, Hot Water
Kitchen
Length: 7 feet, Width: 16 feet
Lot
0.24 acres, Size: Irregular
Living Room
Length: 17 feet, Width: 12 feet
Taxes
Amount: $1,511
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