2022 University Ave, Flint, MI 48504

$99,900 Asking Price

4 beds
2 baths
1,512  sqft
Built in 1928

Fantastic Investment Opportunity: Fully Funded Section 8 Rental Property with Guaranteed Income Welcome to your next lucrative investment! Situated across the street from Kettering University, this meticulously maintained property offers stability and convenience in one package. Description: Section 8 Tenant in Place Since January 2021: Enjoy the peace of mind knowing that your rental income is secured by a fully funded Section 8. No need to worry about vacancy or late payments. Reliable Income: Current rent of $1200 per month ensures consistent cash flow, providing a stable return on your investment. Prime Location: Strategically located across the street from Kettering University, this property offers easy access to students and faculty, ensuring high demand for rental housing. Proximity to Amenities: Close to shopping, dining, and public transportation, making it an attractive option for tenants seeking convenience. Well-Maintained Property: This property has been meticulously maintained, minimizing the need for immediate repairs or renovations. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a hassle-free investment opportunity, this property checks all the boxes. Don't miss out on this chance to secure reliable income in a prime location. In order to not disrupt the tenant, no showings until after an accepted offer.


Features & Amenities

Interior

Basement:
Unfinished
Heating:
Natural Gas, Hot Water

Exterior

General:
Wood
Style:
Colonial

Construction

General:
2 Story, Basement

Location

Road/Access:
Paved Street
Originating MLS:
RealComp
School District:
Flint City School District
County:
Genesee

Lot

Zoning:
LAND BEG AT THE SWLY COR OF LOT 22, BLK 168 MODERN HOUSING CORPORATION ADDITION NO. 6; TH NLY ALG WLY LINE OF SD LOT, 80 FT; TH WLY ALG SLY LINE OF SD LOT, 34.24 FT; TH SLY = WITH ELY LINE OF SD LOT, 80 FT; TH ELY 34.24 FT TO POB. BEING PART OF LOT 38, ASSESSOR'S PLAT NO. 5 AND ALSO LOT 22, BLK 168 MODERN HOUSING CORPORATION ADDITION NO. 6, 4014276039

Utilities

Water:
Public Water
Sewer:
Public Sanitary

Financial

Source:
RealComp
Listing Agent Compensation:
Yes Percent

This listing courtesy of:
Michigan Elite Realty, Jason Snider

About Flint, MI

Housing

Number of Units
66,129
Median Home Value
$71,707
Median Rent
$564

40.14% of housing units are renter occupied.

13.92% are vacant.

Commute

Car
83.57%
Public Transportation
2.87%
Walk to Work
1.46%
Work from Home
11.17%
Other
0.66%

The median travel time to work is 22 minutes.

People

Population
138,267
Median Age
38.20
Median Household Size
2.51

Education

High School
34.87%
Associate’s Degree
9.41%
Bachelor’s Degree
8.90%
Graduate Degree
4.89%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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