Excellent investment opportunity in the college cultural area! Building has a new roof, siding, windows, boiler, hot water heater and flooring. Subject is in desirable East Village neighborhood that easily attracts tenants and has been 100% occupied for several years generating instant positive cash flow for the new owner. Upper Unit is rented for $450, 2 lower units are rented for $525 & $550. 48 Hours notice to show and Listing agent must be present.
Century 21 Signature RealtyLicense #FAAR-123072Listed on: 07/08/2018
Property Details
Home Type
Multi-Family
Est. Annual Taxes
Year Built
Built in 1860
Lot Details
9,148 Sq Ft Lot
Lot Dimensions are 61 x 150
Parking
2 Car Detached Garage
Home Design
Poured Concrete
Vinyl Siding
Interior Spaces
1.5-Story Property
Oven or Range
Basement
Bedrooms and Bathrooms
3 Bedrooms
3 Full Bathrooms
Utilities
Baseboard Heating
Hot Water Heating System
Gas Water Heater
Internet Available
Listing and Financial Details
Assessor Parcel Number 41-07-453-011
Community Details
Overview
3 Units
Henry H. Crapos Addition Subdivision
Building Details
Net Operating Income $18,300
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$1,250
Year Built
Built in 1860
Lot Details
0
Listing Details
Originating MLS: East Central Association of REALTORS
Class: MULTIFAMILY
Type Of Property: Multi-Family
Structure Style: 1 1/2 Story
Year Built: 1860
Mail City: Flint
Special Features: None
Property Sub Type: MultiFamily
Stories: 1
Interior Features
Interior Amenities: Cable/Internet Avail.
Appliances: Range/Oven, Refrigerator
Basement: Yes
Basement Type: Poured
Bedrooms: 3
Full Bathrooms: 3
Total Bathrooms: 3
Estimated Sq Ft: 1796
Exterior Features
Construction: Vinyl Siding
Frontage: 61
Foundation Type: Basement
Roads: Paved Street
Frontage Type: Road
Garage/Parking
Garage Type: Detached Garage
Garage Spaces: 2
Utilities
Water: Public Water
Water Heater: Gas
Fuel Type: Natural Gas
Heating System: Baseboard, Hot Water
Sewer/Septic System: Public Sanitary
Lot Info
Assessor Parcel Number: 41-07-453-011
Lot Dimensions: 61 x 150
Acreage: 0.21
Geo Subdivision: MI
Rental Info
Total Expenses: 9523
Tax Info
Summer Tax: Year: 2016, Amount: $1,196.00
Winter Tax: Year: 2017, Amount: $54.00
Taxable Value: 10695
Total Tax: Year: 2009, Amount: $1,250.00
SEV Year: 2017
Multi Family
Total Units: 3
MLS Schools
School District: Flint City School District
Ownership History
DateNameOwned ForOwner Type
Jul 2019 - PresentBrefeld Richard5 Years and 10 Months
Private Individual
Purchase Details
Listed on
Jul 8, 2018
Closed on
Jul 23, 2019
Sold by
Stockton Tony W and Stockton Kimberly A
Bought by
Brefeld Richard
Seller's Agent
Jason Mcconnell
Century 21 Signature Realty
Buyer's Agent
Tammy Svenkesen
Berkshire Hathaway HomeServices Michigan Real Esta
List Price
$57,900
Sold Price
$50,000
Premium/Discount to List
-$7,900
-13.64%
Total Days on Market
368
Current Estimated Value
$103,364
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,364
Avg. Annual Appreciation
14.08%
Apr 2015 - Jul 2019Stockton Tony W and Stockton Kimberly A4 Years and 3 Months
Private Individual
Purchase Details
Closed on
Apr 13, 2015
Sold by
Dicaire Wanda K
Bought by
Stockton Tony W and Stockton Kimberly A
Jan 2001 - Apr 2015Dicaire Wanda14 Years and 3 Months
Private Individual
Purchase Details
Closed on
Jan 22, 2001
Sold by
Stockton Tony and Stockton Kimberly
Bought by
Dicaire Wanda
Oct 2000 - Jan 2001Stockton Tony3 Months
Private Individual
Purchase Details
Closed on
Oct 12, 2000
Sold by
United Companies Lending Corp
Bought by
Stockton Tony
Oct 1999 - Oct 2000United Companies Lending Corp1 Year
Company
Purchase Details
Closed on
Oct 20, 1999
Sold by
Stevens Rodney A
Bought by
United Companies Lending Corp
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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The sale of this property includes vacant lot next door. The address is 308 Sylvan Ct. tax id#254118309016. All four units are currently rented. New windows in 2022. Two apartments have been renovated one in 2022 and the other in 2025.
Unique opportunity to breathe new life into this tri-plex! This property has almost 3,100 square feet of living space with full basement. Two one bedroom units upstairs and one large two bedroom unit on main floor. Building is down to studs with new roughed in plumbing and electric service. New windows have been installed. Beautiful hardwood floors throughout the property. Bring your vision!
This two-unit rental investment offers an income-opportunity with strong rental demand. Each unit features at least 1 bed, and 1 bath. Conveniently located near schools, shopping, and public transit. Ideal for investors seeking passive income or house hacking. Don’t miss this high-potential opportunity!
Income-Generating Duplex Near Kettering University & McLaren Hospital!Don't miss this incredible investment opportunity! This fully occupied duplex is ideally located just ½ mile from Kettering University and McLaren Hospital, making it a prime rental property.Each unit features: 2 spacious bedrooms, 1 full bath, Kitchen & comfortable living room, Washer/Dryer, Separate parking
Spacious all-brick duplex on a quiet block in Flint Township! Each side features 2 bedrooms and 1 full bath, with a shared front entrance leading to separate unit doors. The right unit offers updated kitchen cabinets and newer carpet throughout. Both units include vinyl windows, separate basements, furnaces, electrical systems, and gas/water meters. Newer roof (5-10 yrs old) and large backyard
Tax AssessmentTax Assessment
Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.
This home is located at 523 Avon St, Flint, MI 48503 since 08 July 2018 and is currently estimated at $103,364, approximately $57 per square foot. This property was built in 1860. 523 Avon St is a home located in Genesee County with nearby schools including Pierce Elementary School, Flint Cultural Center Academy, and WAY Academy of Flint.
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