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Listing 1 out of 301
$550,000 New For Sale

5201 N Dort Hiwy
Flint, MI 48505

Multi Family Home
2.55 acres - MLS# 21581006
Property Photo
1/13

Description

46 Site Mobile Home Park with Significant UpsideAll Park Owned homes 2.55 Acre Site 3.71 Acres Excess Land for Future Development.Market Lot RentsUpside with Vacant Lots and Existing HomesCity Sewer & Water Flint is a dense and diverse community with a solid base of population in the manufacturing industry and is the largest city and seat of Genesee County. The property is truly a forgotten remnant surrounded an established market. The location is centralized and accessible to multiple highways and just north of downtown Flint. The opportunity stems from the low occupancy and previous lack of investment. Proper management and improvements will increase the occupancy and can position the average lot rent closer to market. The financial scenario indicates a significant return with conservative projections on growth. Minimal investment is required to reengage the project with multiple additional possible improvements to increase value and revenue.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi-Family
  • Listing Status: Active
  • County/Area: Genesee
  • Zip Code: 48505
  • Year Built: 1960
  • School District: Flint City School District
  • Stories: 1 Story
  • Full Baths: 2
  • Half Baths: 4
  • Lot Size: Irregular
  • Baths: 6
  • Zoning: Industrial
  • Exterior Construction: Vinyl Siding
  • Foundation Type: Slab
  • Fuel Type: Lp/Propane Gas
  • Heating System: Forced Air
  • Municipality: Flint
  • Originating Mls: Realcomp
  • Roads: Paved Street
  • Sale/Rent: For Sale
  • Sewer Septic: Public Sanitary
  • Source MLS: MiRealSource
  • Summer Tax Amount: 5478
  • Total Tax Amount: 5914
  • Water: Public Water
  • Winter Tax Amount: 436
Courtesy of Gri Homes For Today

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Thanks for all your help in making our "dream home" a reality. We really appreciated that you went the extra mile to get us the best price for our home. You are truly a professional. John and Rhonda Robinson
In all our dealings with Realtors over the past ten years, we have never met anyone as helpful and energetic as you have been. Without hesitation, we would highly recommend your service to anyone who is looking for an experienced Realtor who cares about getting things done and doing them right! Thanks for taking such good care of us, we couldn't have done it without you! Daniel and Barb Northfield
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