Multi-Family $ 149,900

738 W Atherton RD

Flint, MI 48507

  • 2 Baths
    Full Baths: 2
  • 1,728 SqFt
  • 4,356 Lot Size
  • 1929 Year Built
Turnkey duplex investment opportunity offering immediate income and significant upside potential. This well-maintained property features two 2-bedroom, 1-bath units with separate utilities and approximately 1,728 square feet of living space. The lower unit is occupied by a long-term Section 8 tenant of 13 years currently on a month-to-month lease. The property recently completed its Section 8 inspection and approval process, providing added confidence for investors seeking stable rental income. The upper unit is vacant and ready for a new tenant or owner occupant. Major capital improvements have already been completed, including a newer roof (approximately 2 years old), new mini-split heating and cooling systems in both units, separate furnaces, updated electrical, newer hot water tank, Wallside windows, glass block basement windows, and updated appliances. The upper unit features a brand-new gas range, while the lower unit's refrigerator and range are approximately 3 years old. Both units include dishwashers. Additional features include separate utility meters, shared basement laundry, storage space, and low-maintenance vinyl siding. Nearby comparable duplexes are achieving substantial rental rates over $1,000 per unit monthly, creating an opportunity for future income growth. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this property presents an excellent opportunity to build equity and cash flow.
Listed by Vie Real Estate

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type MultiFamily

    Listing Status Active

    Purchase Type For Sale

    Square Footage 1, 728 sqft

    Price per Sqft $86

    MLS Listing ID 20261040817

    Style Colonial

    Full Baths 2

    Year Built 1929

    Lot Size 4,356 Sqft

    Acres 0.1

    Property Sub-Type MultiFamily

  • Location

    State MI

    County Genesee

    Area Area08182Flint

  • Rooms

    Basement Interior Entry, Unfinished

  • Building

    Foundation Basement, Block

    Sewer Public Sewer

    Water Public

    New Construction No

  • Interior

    Heating Forced Air, Natural Gas

    Cooling Ceiling Fans, Wall Units

    Fireplace No

    Laundry LaundryRoom

  • Exterior

    Parking Features ParkingLot, SharedDriveway

    Pool None

    Community Features Sidewalks

    View Y/N No

    Garage false

  • Schools

    School District Flint

  • Others

    Senior Community false

    Acceptable Financing Cash, Conventional, FHA, VaLoan

    Listing Terms Cash, Conventional, FHA, VaLoan

    Special Listing Condition ShortSaleNo, Standard

    Pets Allowed Call

CONTACT

Matt Demorest
Matt Demorest

GET IN TOUCH

Your Full Name
Your Phone Number*
Write Your Message