MLS # 20261032482 (Realcomp)

Investor Alert! Outstanding value-add opportunity in Mount Morris with strong upside potential for investors, rehabbers, and builders looking for their next project. Located in an established residential neighborhood with convenient access to major roads, shopping, schools, and everyday amenities, this property offers excellent potential as a future rental, flip, or affordable owner-occupant renovation project. The home sits on a concrete slab foundation and already has several major components in place, including an updated/date-coded fuse system and available cabinets that can be included with the sale. With the right vision and improvements, this property has the potential to become a strong income-producing asset or starter home. Property requires significant renovations and completion before occupancy, making it ideal for experienced investors or contractors seeking a project with upside and ARV potential in a high-demand rental market.Novation: Buyer has equitable interest in the property and is marketing the property with the owner’s authorization in order to locate a new buyer.
Source: SparkMLS
This 2-bedroom, 1-bath, 1,050 sq ft home built in 1949 sits in Genesee Township in Flint.
Currently offered at $47,999 (about $46/sq ft).
Property tax estimate: $2,310 per year ($193/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
Legal Description
N 70 FT OF LOTS 168 AND 169 DIXIE HILLS
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Sonny Kaushik
Ikon Property Group
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
8325 Walter Street, Flint, MI 48458
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Municipality
Genesee Township
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