51
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$229,000
Est. payment /mo
3 Beds
4 Baths
1,170 SqFt
New
10201 N Clio RD Vienna Twp, MI 48420
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Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 1,170 sqft
Price per Sqft $195
Subdivision Na
MLS Listing ID 5050204599
Bedrooms 3
Full Baths 2
Half Baths 2
Year Built 1920
Lot Size 0.830 Acres
Acres 0.83
Property Sub-Type MultiFamily
Property Description
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.
Location
State MI
County Genesee
Area Area08271Viennatwp
Rooms
Basement Block
Interior
Heating Forced Air, Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Fence Fenced
View Y/N No
Building
Foundation Basement, Block
Sewer Public Sewer
Water Public
New Construction No
Schools
High Schools Clio
School District Clio
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition ShortSaleNo, Standard
Pets Allowed Breed Restrictions
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Listed by Richelle L Kitchen of REMAX Right Choice
NEARBY SCHOOL & BUSINESS
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