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$162,500
Est. payment /mo
8 Beds
4 Baths
3,700 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Pending
Purchase Type For Sale
Square Footage 3,700 sqft
Price per Sqft $43
Subdivision West Flint
MLS Listing ID 5050212215
Bedrooms 8
Full Baths 4
Year Built 1924
Lot Size 0.500 Acres
Acres 0.5
Property Sub-Type MultiFamily
Property Description
Investment opportunity! Welcome to 625 Thayer St in Flint, better known as the historic Thayer Apartments. Built in 1924, this beautiful brick 4 unit building offers approximately 3,700 square feet of living space and is already generating income with 2 of the 4 units currently occupied. Each unit features approximately 845 square feet, 2 bedrooms, and 1 full bathroom, making them highly desirable rental units. The building includes a common front entrance, private rear entrances for each unit, and a shared basement with individual storage areas for tenants. The sale also includes the vacant lot next door, bringing the total property size to half an acre with an impressive 133 feet of frontage. Listed at just $162,500, this property presents an excellent opportunity for investors looking to add a multi-family asset with to their portfolio. The Thayer Apartments offer value that's hard to find in today's market. Schedule your private showing today!
Location
State MI
County Genesee
Area Area08182Flint
Rooms
Basement Block
Interior
Heating Forced Air, Natural Gas, Separate Meters
Cooling Central Air
Fireplace No
Exterior
View Y/N No
Building
Foundation Basement, Block
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Flint
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
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Listed by Connery Calkins of REMAX Edge
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