4010 Milton Drive new

Flint,MI 48507

$ 295000

0 Bed

4 Baths

4154 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,154 sqft

Price per Sqft $71

Subdivision Dixieland

MLS Listing ID 5050172159

Full Baths 4

Originating Board East Central Association of REALTORS®

Year Built 1927

Annual Tax Amount $3,057

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 8900

Property Description

Incredible investment opportunity! Formerly the historic Royal Hotel, this massive building is now a rooming house featuring 22 individual bedrooms, each with their own sinks, mini fridges, and partial furnishings! There is also an additional efficiency apartment that has its own kitchen and bath, as well as a full sized 2 bed apartment in the basement, perfect for a live-in owner or property manager! The 22 bedrooms and efficiency apartment are spread across 2 floors, each floor has a communal kitchen and bathroom. The kitchens each feature a stove and oven, cabinets, sink, and upright freezer. The bathrooms include 2 toilet stalls, shower stall, and sink. The property is heated via boiler system, which works incredibly well and keeps things very warm in the winter. There are 2 water heaters that provide hot water for the building. All of the windows in the building have been replaced with newer vinyl, preventing heat loss and allowing for window AC units to be installed in each room during the summers. Continue to use it as a rooming house, or convert it to student housing, either way this property has huge potential!

Location

State MI

County Genesee

Area Flint

Zoning Commercial,Multi-Family,Residential

Rooms

Basement Partially Finished

Interior

Interior Features Fire Sprinkler

Hot Water Natural Gas

Heating Steam

Cooling Window Unit(s)

Fireplace no

Heat Source Natural Gas

Exterior

Porch Porch

Road Frontage Paved

Garage no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary),Sewer at Street

Water Water at Street

Level or Stories 2 Story

Structure Type Brick,Vinyl

Schools

School District Flint

Others

Pets Allowed Yes

Tax ID 4130227020

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash,Conventional,FHA,VA

Listing Terms Cash,Conventional,FHA,VA

Financing Cash,Conventional,FHA,VA

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