$249,000
For Sale

421 Pine Street

Clio, MI 48420
2280 sqft | 4 baths | #20240050445
Browse 27 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Introducing a fantastic investment opportunity in the heart of Clio, Michigan - a beautifully renovated multi-family property! This newly rejuvenated property boasts four separate units, each thoughtfully designed to provide both comfort and convenience to its residents. With a fresh makeover in 2023, this property is ready to impress and generate substantial rental income for savvy investors. Property Features: Four separate and distinct units, offering a diverse range of accommodation options to cater to various tenant needs. Two of the units feature 1 bedroom and 1 bathroom, providing cozy and efficient living space. The other two units offer 2 bedrooms and 1 bathroom each, allowing for more spacious living arrangements. All units come equipped with essential appliances, including a refrigerator and stove, minimizing the initial investment. Ample parking space is available on-site, ensuring convenience and peace of mind for both residents and guests. All units are rented with a lease contract for 1 year. Please do not disturb tenants! Certificates of inspection for the 4 furnaces and contract where the foundation and chimney were repaired are available in the documents in the MLS. Foundation and chimney repairs just were done last year. BATVAI.

  • Interior Details
      • HeatingForced Air
    • Beds & Baths
      • Total Baths4.00
      • Bathrooms4
      • Full Baths4
  • Property Details
      • Square Feet2280
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1920
  • Community and Neighborhood Details
      • ZoningMulti-Family
      • CountyGenesee
      • School DistrictClio
      • RegionClio
  • Financial Details
      • Original List Price$249,000
  • Other
      • MLS #20240050445

Location

Alexis ThompsonReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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