• 2022 University Avenue Flint, Michigan 48504

  • $99,900
  • 4
    Bed(s)
  • 2
    Baths
  • 1,512
    Sq Ft
  • 0.12
    Acre

Fantastic Investment Opportunity: Fully Funded Section 8 Rental Property with Guaranteed Income Welcome to your next lucrative investment! Situated across the street from Kettering University, this meticulously maintained property offers stability and convenience in one package. Description: Section 8 Tenant in Place Since January 2021: Enjoy the peace of mind knowing that your rental income is secured by a fully funded Section 8. No need to worry about vacancy or late payments. Reliable Income: Current rent of $1200 per month ensures consistent cash flow, providing a stable return on your investment. Prime Location: Strategically located across the street from Kettering University, this property offers easy access to students and faculty, ensuring high demand for rental housing. Proximity to Amenities: Close to shopping, dining, and public transportation, making it an attractive option for tenants seeking convenience. Well-Maintained Property: This property has been meticulously maintained, minimizing the need for immediate repairs or renovations. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a hassle-free investment opportunity, this property checks all the boxes. Don't miss out on this chance to secure reliable income in a prime location. In order to not disrupt the tenant, no showings until after an accepted offer.

Property Type :

Residential

Subdivision :

Modern Housing Corporation Add No 6

County :

Genesee

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 4

Bathroom Information

Total Baths: 2

Full Baths: 2

Room Information

Total Rooms: 6

Interior Features

Basement Description: Unfinished

Heating & Cooling

Heating: Hot Water

Heating Fuel: Natural Gas

Building Information

Year Built: 1928

Building Stories: 2 Story

Foundation/Basement: Basement

Architecture: Colonial

Exterior Features

Construction: Wood

Utility Features

Sewer: Public Sewer (Sewer-Sanitary)

Water

Public (Municipal)

Lot Information

Lot Size: 0.12

Lot Dimensions: 50.00 x 110.00

Frontage Feet: 50

Property Information

SQ ft: 1512

Subdivision: MODERN HOUSING CORPORATION ADD NO 6

Financing: Cash,Contract,Conventional,FHA

Listing Price Information

Original List Price: $99,900

Listing Information

Possession: At Close

Legal Description: LAND BEG AT THE SWLY COR OF LOT 22, BLK 168 MODERN HOUSING CORPORATION ADDITION NO. 6; TH NLY ALG WLY LINE OF SD LOT, 80 FT; TH WLY ALG SLY LINE OF SD LOT, 34.24 FT; TH SLY = WITH ELY LINE OF SD LOT, 80 FT; TH ELY 34.24 FT TO POB. BEING PART OF LOT 38, ASSESSOR'S PLAT NO. 5 AND ALSO LOT 22, BLK 168 MODERN HOUSING CORPORATION ADDITION NO. 6

Tax Information

Annual Tax: $2,032

Parcel Number: 4014276039

Possession

At Close

Legal Information

Legal Description: Section: LAND BEG AT THE SWLY COR OF LOT 22, BLK 168 MODERN HOUSING CORPORATION ADDITION NO. 6; TH NLY ALG WLY LINE OF SD LOT, 80 FT; TH WLY ALG SLY LINE OF SD LOT, 34.24 FT; TH SLY = WITH ELY LINE OF SD LOT, 80 FT; TH ELY 34.24 FT TO POB. BEING PART OF LOT 38, ASSESSOR'S PLAT NO. 5 AND ALSO LOT 22, BLK 168 MODERN HOUSING CORPORATION ADDITION NO. 6

Parking Information

Has Garage: Yes

Garage Size: 2 Car

Garage Description: Detached

Multi-Unit Information

Road Frontage: Paved

School Information

School District: Flint

Utility Information

Water:Public (Municipal)

Sewer:Public Sewer (Sewer-Sanitary)

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
V/L N Linden/pierson R.., Flint, MI,48504 $49,900 -- -- -- 1.2 Acres
2337 Kellar , Flint, MI,48504 $29,000 3 1 919 0.11 Acre
5109 Killian Court , Flint, MI,48504 $25,000 -- -- -- 0.47 Acre
5023 W Pierson Road , Flint, MI,48504 $84,900 -- -- -- 0.68 Acre
2101 Barth Street , Flint, MI,48504 $49,900 2 1 905 0.11 Acre
3383 N Linden Road , Flint, MI,48504 $34,900 -- -- -- 1 Acre
4028 W Pierson Road , Flint, MI,48504 $225,000 -- -- -- 2.85 Acres
4333 W Pierson Road , Flint, MI,48504 $1,200,000 -- -- -- 40.46 Acres
912 University Ave , Flint, MI,48504 $83,900 4 1.5 1,495 0.23 Acre
3419 Comstock Avenue , Flint, MI,48504 $7,900 2 1 700 0.13 Acre
MLS Logo

Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2024 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 05/06/2024 @ 23:12

MLS: 600953608
LISTED BY: Jason Snider , Michigan Elite Realty
SOURCE: Realcomp II Ltd
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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