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5200 N GENESEE Road Flint, MI 48506
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Key Details
Sold Price $450,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 8,000 sqft
Price per Sqft $56
Subdivision Mi
MLS Listing ID 40010498
Sold Date 09/30/20
Style 2 Story
Full Baths 7
Year Built 2005
Annual Tax Amount $11,171
Lot Size 5.210 Acres
Acres 5.21
Lot Dimensions 81X986X568X988
Property Description
This 7 unit condo development is completely leased. Approved for 5 more buildings. Future building are ready for construction the utilities are in place. Driveway and parking lot are installed. Each unit is 925 sq. ft., including 2 bedroom, full bath Utility room (plumbed for washer and dryer), kitchen (with appliances) breakfast nook and living room. Master suite includes walk-in closet, plus a walk-in pantry off of kitchen Condo fee's are $100.00 per month per unit, $5,100.00 cash reserve available to new owners. Annual insurance is $5,644.00, Property taxes are $11,171.52, Management fee is $800.00 annually and Maintenance for the grounds is budgeted for $4,500.00 annually.
Location
State MI
County Genesee
Area Genesee Twp (25010)
Zoning Multi-Family
Rooms
Basement Poured
Interior
Interior Features Cable/Internet Avail., DSL Available
Heating Forced Air
Cooling Central A/C
Exterior
Exterior Feature Vinyl Siding
Waterfront No
Building
Story 2 Story
Foundation Slab
Water Public Water
Structure Type Vinyl Siding
Schools
School District Kearsley Community Schools
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Land Contract
Listing Terms Land Contract
Financing Cash,Conventional
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Bought with LPS
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