Introducing a fantastic investment opportunity in the heart of Clio

Michigan - a beautifully renovated multi-family property! This newly rejuvenated property boasts four separate units, each thoughtfully designed to provide both comfort and convenience to its residents. With a fresh makeover in 2023, this property is ready to impress and generate substantial rental income for savvy investors. Property Features: Four separate and distinct units, offering a diverse range of accommodation options to cater to various tenant needs. Two of the units feature 1 bedroom and 1 bathroom, providing cozy and efficient living space.

The other two units offer 2 bedrooms and 1 bathroom each, allowing for more roomy living arrangements. All units come equipped with e ssential appliances, including a refrigerator and stove, minimizing the initial investment. Ample parking space is available on-site, ensuring convenience and peace of mind for both residents and guests. All units are rented with a lease contract for 1 year. Please do not disturb tenants. Certificates of inspection for the 4 furnaces and contract where the foundation and chimney were repaired are availble in the documents in the MLS. Foundation and chimney repairs were done last year. BATVAI.

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on 421 Pine St
in Clio, MI
Presented by Sara Stanley at
Keller Williams Realty.


Property MLS #20240050445 from Realcomp
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+ Bedrooms

Bedrooms: 6

+ Bathrooms

Total Bathrooms: 4.00
Full Bathrooms: 4

+ Other Rooms

Basement Features: Sump Pump

+ Heating and Cooling

Heating Features: Forced Air
Heating Fuel: Natural Gas

+ Land Info

Lot Size Acres: 0.48
Lot Size Dimensions: 73.00 x 286.00
Lot Size Square Feet: 20908

+ Exterior and Lot Features

Road Frontage Type: Paved

+ Garage and Parking

Parking Features: 4

+ Rental Info

Gross Scheduled Income: 39600.00
Rent Includes: Snow Removal, Water, Yard Maintenance

+ Multi-Unit Info

Number of Units: 4
Number of 1 Bedroom Units: 2
Number of 2 Bedroom Units: 2

+ School Information

School District: Clio
+ Display Complete School Details

George R. Carter Middle School is a public elementary and middle school located approximately 0.6 miles away.
Map directions

Clio Area High School is a public middle and high school located approximately 1.1 miles away.
Map directions

St Mary's School is a private elementary and middle school located approximately 4.8 miles away.
Map directions

+ Homeowners Association

Pets Allowed: Breed Restrictions

+ Other Property Info

ActivationDate : 2024-07-18
Annual Tax Amount: 5438
Source Listing Status: Accepting Backup Offers
County: Genesee
Directions: I 75 Exit 131, Head East On M57. Turn Right On New Street Turn Right On Pine Street. Address On The Left.
Source Property Type: Multifamily
Area: Clio
Source Neighborhood: Clio
Ownership Type: Short Sale - No, Private Owned
Parcel Number: 5122200009
Postal Code Plus 4: 1593
Zoning: Multi-Family
Source System Name: C2C
+ Reveal Property Sale History

Listed 2024-07-13
$249,000
Realcomp

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Sold 2016-08-05
$65,000
ECAR

+ Building and Construction

Total Square Feet Living: 2280
Year Built: 1920
Construction Materials: Vinyl
Foundation Details: Crawl, Michigan Basement
Property Age: 104
Roof: Asphalt
Levels or Stories: 1 1/2 Story
House Style: 1 1/2 Story
Total Area Sqft: 2280
Total Below Grade Area: 468
Year Remodeled: 2023
Architectural Style: Quadruplex

+ Utilities

Sewer: Public Sewer (Sewer-Sanitary)
Water Source: Public (Municipal)