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11472 E Lippincott Boulevard

Davison, Michigan 48423

$320,000 $1,349/Mo

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Overview

Bed

Bath

2,885

Sqft

Acres(Lot)

Description

Rare opportunity to own a well-maintained 3-unit multifamily property situated on 5 beautiful acres in Davison! All three units offer 2 bedrooms and 1 full bath, making this a fantastic investment or owner-occupant opportunity. The current owner occupies the spacious lower/main unit, which features a full basement, enclosed front porch, large deck, and 2-car garage. The upper unit offers a very similar floor plan with its own separate entrance, while the back unit features a charming Cape Cod-style layout with a private back patio. Major updates have already been completed, including brand new furnaces, central A/C units, water heaters, and a new roof for added peace of mind. New flooring will be installed in the main unit prior to closing, along with new drywall improvements in the back unit. There is also a dedicated laundry room area below the stairs to the upper unit that was created for the upper and back units and just needs finishing touches. Excellent income potential with all units separately metered. The upper unit is currently leased through November at $800/month, and the tenant would love to stay long term (and is aware of potential rent adjustments). Tenant just left back unit, also at $800/month. Estimated market rents are approximately $1,500–$1,800/month for the main unit with basement and garage, $1,200/month for the upper unit, and $1,000/month for the back unit. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property offers incredible flexibility, updates, and long-term value! There is also amazing opportunity to add even more value to this property with some minor interior updating. With all big ticket items being brand new, this property is a gem! But wait, there is more...home appraised last year for the price that we are listing it for this year! Owner is downsizing into a ranch and has agreed to list this to sell fast!

Property Details

Property Type : Multifamily

Price : $320,000

AD Id : 78004167

MLS Id : 20261032111

Beds : 6

Lot Size : 5 Acres

Living Area Size : 2,885

Year Built : 1945

Garage : Garage

County : Genesee

Map

What's Nearby

Nearby Areas

Features

Bathroom Information

Total Baths: 3 Full Baths: 3
Room Information

Porches: Deck,Porch - Enclosed,Patio,Porch,Enclosed

Interior Features

Roof: Asphalt Basement Description: Partially Finished
Heating & Cooling

Cooling: Central Air Heating: Forced Air Heating Fuel: Electric,Propane

Building Information

Year Built: 1945 Building Stories: 2 Story Total Units: 3 Roof: Asphalt Foundation/Basement: Basement Architecture: Farmhouse,Traditional
Exterior Features

Construction: Vinyl
Utility Features

Sewer: Septic Tank (Existing)
Water

Well (Existing)

Lot Information

Lot Size: 5.00 Lot Dimensions: 363 x 594 Frontage Feet: 363
Property Information

SQ ft: 2885 Financing: Cash,Conventional

Listing Price Information

Original List Price: $330,000
Listing Information

Possession: Close Plus 30 Days Legal Description: N 1/2 OF E 20 A OF S 1/2 OF NE 1/4 EXC E 18 RDS ALSO EXC S 4 RDS SEC 23 T7N R8E

Tax Information

Annual Tax: $4,778 Parcel Number: 0523200010
Possession

Close Plus 30 Days
Legal Information

Legal Description: Section: N 1/2 OF E 20 A OF S 1/2 OF NE 1/4 EXC E 18 RDS ALSO EXC S 4 RDS SEC 23 T7N R8E

Unit 2 Information

# of Bedrooms: 3

School Information

School District: Davison
Utility Information

Water: Well (Existing) Sewer: Septic Tank (Existing)

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
216 N Genesee Street , Davison, MI, 48423	$265,000	--	2	1,568	1,568 SqFt

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ByOwner last updated this listing 06/09/2026 @ 14:06

MLS: 20261032111 LISTED BY: Jason White , EXP Realty - Fenton 269-600-4397 SOURCE: Realcomp II Ltd