$219,000 for Sale
10201 n clio, clio, MI 48420
Property Description
Turnkey investment opportunity with immediate income potential! This well-maintained multi-family property features three updated units currently generating approximately $23,000 annually, with room to increase rents and maximize returns. Units 1 and 2 have been extensively renovated and share a durable metal roof (2018). Unit 1 includes a kitchenette and half bath and has previously operated as a beauty supply, boutique, and art studioâ??making it ideal for mixed-use or additional rental income. Unit 3 is an approximately 800 sq ft one-bedroom unit with a new roof (2021) and brand-new furnace (2026), offering low maintenance and strong rental appeal. All units have been updated with new flooring, paint, kitchens, and bathrooms, minimizing future capital expenditures. The property blends modern updates with sought-after historic charm, including arched doorways and wide trim. Additional income potential comes from the 24x40 pole barn with gas and electricâ??perfect for storage rental,
General Information
Sale Price: $219,000
Price/SqFt: $187
Status: Active
MLS#: 50204599
City: vienna twp
Post Office: clio
Schools: clio area school district
County: Genesee
Subdivision: na
Acres: 0.83
Lot Dim: 99x325x99x325
Bedrooms:3
Bathrooms:4 (2 full, 2 half)
Size: 1,170 sq.ft.
Acreage: 0.83 est.
Year Built: 1920
Style: 2 Story
Features & Room Sizes
Exterior: Fenced Yard,Porch,Fence Owned
Basement: Yes
Cooling: Wall/Window A/C
Heating: Forced Air
Tax, Fees & Legal
Est. Summer Taxes: $1,594
Est. Winter Taxes: $1,902
Information provided by East Central Association of REALTORS
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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Richelle Kitchen of REMAX Right Choice
