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 studio—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 electric—perfect for storage rental, workshop space, or tenant use. New barn roof installed in 2020. Ample on-site parking adds to tenant convenience. Whether you’re expanding your portfolio or looking for a live/work investment, this property offers versatility, stability, and upside potential.
Features
3 bedrooms
4 bathrooms
1170 sq. ft. floor area
crop_free0.83 ac. lot size
cottageMulti-Family
Property history for 10201 N Clio Rd
2019
Sold
$72,000
28 Jun 2019 by Sue Bully, of RE/MAX Town & Country
Happy sellers in Clio
100%
sentiment_very_satisfied
100% of sellers in Clio reported that their sale price either exceeded or met their price expectations.
Clio stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
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Local market activity for 3 bedroom multi families in Clio
Sold
For Sale
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