4010 Milton Drive new Save Request In-Person Tour Request Virtual Tour
Flint,MI 48507
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,154 sqft
Price per Sqft $71
Subdivision Dixieland
MLS Listing ID 5050172159
Full Baths 4
Year Built 1927
Annual Tax Amount $3,057
Lot Size 8,712 Sqft
Property Description
Incredible investment opportunity! Formerly the historic Royal Hotel, this massive building is now a rooming house featuring 22 individual bedrooms, each with their own sinks, mini fridges, and partial furnishings! There is also an additional efficiency apartment that has its own kitchen and bath, as well as a full sized 2 bed apartment in the basement, perfect for a live-in owner or property manager! The 22 bedrooms and efficiency apartment are spread across 2 floors, each floor has a communal kitchen and bathroom. The kitchens each feature a stove and oven, cabinets, sink, and upright freezer. The bathrooms include 2 toilet stalls, shower stall, and sink. The property is heated via boiler system, which works incredibly well and keeps things very warm in the winter. There are 2 water heaters that provide hot water for the building. All of the windows in the building have been replaced with newer vinyl, preventing heat loss and allowing for window AC units to be installed in each room during the summers. Continue to use it as a rooming house, or convert it to student housing, either way this property has huge potential!
Location
State MI
County Genesee
Area Flint
Zoning Commercial,Multi-Family,Residential
Interior
Hot Water Natural Gas
Heating Steam
Cooling Window Unit(s)
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary),Sewer at Street
Water Water at Street
Structure Type Brick,Vinyl
Schools
School District Flint
Others
Acceptable Financing Cash,Conventional,FHA,VA
Listing Terms Cash,Conventional,FHA,VA