Cash-flowing investment opportunity with significant upside. This 2,500 sq ft property is currently generating $2,500/month with a tenant in place, offering immediate income from day one. DO NOT DISTURB TENANT - Must schedule an appointment to access the property/yard, etc. The property is ideally suited for group home, veteran housing, or shared living use, with a layout that can be configured into 6 separate bedrooms and up to 10–12 total beds. Similar housing models support $800–$1,000 per bed, presenting a potential revenue range of $7,000–$12,000/month depending on occupancy and operator execution. Located approximately 3 miles from McLaren Flint Hospital, near Kettering University, and within close proximity to major medical services in the Grand Blanc area, this property sits in a strong demand corridor. At the current price of $73,900, the property is generating approximately $30,000 annually, making this a high-yield opportunity rarely found in this market. Property is priced to reflect condition, including garage repair, sump pump replacement, and cosmetic updates. Cash buyers only. Seller relocating out of state. First serious buyer wins. Do not disturb tenant. Showings with proof of funds.
Listed By
Agency Name: Red Fox Realty LLC
Agency Phone: (810) 630-6652
Shown By
Agency Title: Griffith Realty
Agency Phone: 810-227-1016
Estimated Payment
$ 186.02 per month $164.47 Principal & Interest $0.00 Property Tax (data not provided by mls) $21.55 Homeowner's Insurance
1651 N Chevrolet Avenue | MLS# 20261009082
This single family home located at 1651 N Chevrolet Avenue, Flint, MI 48504 is currently listed for sale with an asking price of $73,900. This property was built in 1926 and has 5 bedrooms and 2 full baths with 2474 sq. ft. N Chevrolet Avenue is located in the Modern Housing Corp Add subdivision within the Flint school district. Search Modern Housing Corp Add real estate on www.griffithrealty.com today.