2604 S SAGINAW $399,500

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    2604 S SAGINAW Flint, MI 48503

    • 0 Beds
    • 7 Baths
    • 6,924 sq. ft.
    • Multi-Family
    • MLS# 60063629
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    Views: 77 Days On Site: 91

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    Property Details

    Wow! You don't find this type of rental in the Flint market every day! These units have all been rehabbed over the last 18 months. This 6 unit complex is made up of 1-4 bedroom/2 Bath, 4-2 Bedroom / 1 Bath, 1-1 Bedroom/1 Bath. All units are separately metered for Gas, Electric & Water. The landlord only pays for the yard, snow, property maintenance, taxes, and insurance. This unit is a cash cow! Four units are currently rented and 2 vacant. Vacant units are being left vacant for initial viewing purposes prior to setting appointments in occupied units. This property has a potential of over $58,000 (fully occupied) a year in rent collection with current Taxes, Insurance & Maintenance currently only running about $10,000 annual per owner. No matter how you do the math this property is a winner. Call the listing agent for more details or showings.

    • General Features
      • Acreage 0.21
      • Area Municipality Flint (25023)
      • County Genesee
      • Originating MLS RealComp
      • Ownership Private
      • Structure Style 2 Story
      • Subdivision DAWSON'S REPLAT
      • Waterfront Y/N No
      • Year Built 1940
      • ZONING Multi-Family
    • Building Features
      • Basement Type Block
      • Exterior Construction Vinyl Siding
      • Foundation Type Basement, Slab
      • FUEL TYPE Natural Gas
      • Heating System Forced Air
      • Interior Features Cable/Internet Avail.
    • Property Features
      • Roads Paved Street
      • Lot Size 93.00X100.00
      • PARKING Unassigned/General
    • Schools
      • School District Flint City School District

    Contact

    Jesse England

    Jesse England

    Real Estate Consultant

    RE/MAX Right Choice

    Direct: 810-691-4372

    Neighborhood

    48503 (Flint) Demographics

    39 Median Age
    3,181 Population Density (per sq. mile)
    29% College Educated
    $30,346 Estimated Median Income
    6,036 Estimated Total Home Owners
    5,445 Estimated Total Renters
    53% / 47% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    26,542 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $130,000 Median Sales Price
    17 Homes Sold
    27 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $399,500
        5/18/2022 12:05:26 PM Status Changed Source: Multiple Listing Service New Value: Active
        5/3/2022 1:50:43 PM Status Changed Source: Multiple Listing Service New Value: Pending
        3/30/2022 1:51:00 PM New in Database Source: Multiple Listing Service New Value: $399,500

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        * This payment calculator is intended for educational and planning purposes only.
        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the MI Realsource Michigan Multiple Listing Service. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.