609 E Paterson St - Multi-Family FOR SALE


Flint, MI 48505- Northeast Flint/Genesee
$250,000 USD
810-471-2916
609 E Paterson St, Flint, MI for Sale
$250,000 USD
Multi-Family - FOR SALE
1/14
null | Request Cap Rate

609 E Paterson St
Flint, MI 48505
Northeast Flint/Genesee


HIGHLIGHTS

  • 5-unit property with strong rental potential
  • 2,888 sq ft of living space
  • Located near the University of Michigan – Flint campus

OVERVIEW

Great opportunity for investors! This 5-unit multifamily property is ideally located near the University of Michigan – Flint campus and offers strong rental potential. The building includes four fully rented 1-bedroom units, plus a vacant 2-bedroom unit ready for a new tenant or owner-occupant. Tenants pay for their own electricity, with electric water heaters, baseboard heating, and stoves in each unit.

FOR SALE DETAILS

PRICE

$250,000 USD

PRICE/SF

$64 USD /SF

# OF UNITS

5

PRICE/UNIT

$50,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1923

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

B

APN/PARCEL ID

40-01-480-004

ASK ABOUT THIS PROPERTY

Danny O'BrienThe John Wentworth GroupMore Info
810-471-2916

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Danny O'BrienThe John Wentworth GroupMore Info
810-471-2916

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.