738 West Atherton Road

Flint MI 48507

1728 sq. ft.

0.1 ac.

Multi-Family

Currently for sale - view listing

Overview

Turnkey duplex investment opportunity offering immediate income and significant upside potential. This well-maintained property features two 2-bedroom, 1-bath units with separate utilities and approximately 1,728 square feet of living space. The lower unit is occupied by a long-term Section 8 tenant of 13 years currently on a month-to-month lease. The property recently completed its Section 8 inspection and approval process, providing added confidence for investors seeking stable rental income. The upper unit is vacant and ready for a new tenant or owner occupant. Major capital improvements have already been completed, including a newer roof (approximately 2 years old), new mini-split heating and cooling systems in both units, separate furnaces, updated electrical, newer hot water tank, Wallside windows, glass block basement windows, and updated appliances. The upper unit features a brand-new gas range, while the lower unit's refrigerator and range are approximately 3 years old. Both units include dishwashers. Additional features include separate utility meters, shared basement laundry, storage space, and low-maintenance vinyl siding. Nearby comparable duplexes are achieving substantial rental rates over $1,000 per unit monthly, creating an opportunity for future income growth. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this property presents an excellent opportunity to build equity and cash flow.