3807 17 Lippincott
Flint, MI 48507
- – beds
- 36 baths
- 18,000 sqft
- ~1 acre lot
- $49 per sqft
- 1972 build
- – on site
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THIS FANTASTIC OPPORTUNITY WILL NOT LAST, FOLKS!! A TRUE 14 CAP RATE WITH POTENTIAL PROJECTED 19.7 WITH RENTAL INCREASE THIS YEAR!!! THIS SUPER GARDEN/LOW RISE APARTMENT COMPLEX HAS 35 RANCH STYLE UNITS WITH PRIVATE ENTRY. TENANTS PAY ALL UTILITIES EXC WATER. 33 UNITS HAVE SEPARATE BD/550 SQ FT AND 2 LARGE EFFICIENCIES.FURTHER, THERE ARE 2 UTILITY BLDGS AND SEPARATE METERS/2 STORAGE FACILITIES IN EACH OF THE BLDGS AND A SEPARATE SPACIOUS LEASING OFFICE WITH BATH.2 BLDGS/CONDO STYLE W/ POTENTIAL IMMEDIATE INCOME WITH A CONDO CONVERSION AS WELL! BURTON CITY BORDER PROPERTY HERE! BEAUTIFUL AND DESIRABLE!! OCCUPANCY AT 95% CURRENTY AND AVG 100% WITH MANY LONG TERM TENANTS!FUSSY LANDLORD HAS A VERY LONG WAITING LIST! SELLER FORCED AND MUST TRANSFER TO MA, OTHERWISE WOULD NEVER CONSIDER THE SALE OF HIS MONEY MAKING COMPLEX SO HURRY WE LOOK FORWARD AND STAND READY!!! PLEASE BE DISCREET-TENANTS ARE NOT AWARE OF SALE!AGENT WILL INCLUDE SOME SUMMER PICS SO YOU CAN SEE ROOF -NEWER PARKING-ETC
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Last updated Dec 16, 2024
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MLS# 2210009100 —
The Building
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Year Built:1972
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Year Remodeled:2018
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Construction Materials:Brick
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Architectural Style:Duplex, Ranch
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Roof:Asphalt
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Levels:One
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Basement:false
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Foundation Details:Other, Poured, Slab
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Exterior Features:Lighting, PrivateEntrance
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Patio And Porch Features:Porch
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Accessibility Features:AccessibleBedroom, AccessibleCentralLivingArea, AccessibleClosets, AccessibleCommonArea, AccessibleDoors, AccessibleEntrance, AccessibleFullBath, AccessibleKitchen, CommonArea, InteriorDisabledFacilities
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Above Grade Finished Area:18000.0
Interior
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Interior Features:HighSpeedInternet
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Laundry Features:LaundryRoom
Room Dimensions
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Living Area:18000.0
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Living Area Units:SquareFeet
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Living Area Source:PublicRecords
Location
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Directions:WEST OF CENTER RD SOUTH SIDE OF LIPPINCOTT
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Cross Street:S of ON LIPPINCOTT/W of OF CENTER RD
The Property
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Parcel Number:4116482014
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Property Type:ResidentialIncome
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Property Sub Type:MultiFamily
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Lot Size Acres:0.98
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Lot Size Area:0.98
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Lot Size Dimensions:429x101
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Lot Size Units:Acres
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Zoning Description:Multi-Family
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Road Frontage Feet:429
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Road Frontage Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (248) 820-5515
- Office phone:
- (248) 820-5515
Taxes
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Tax Legal Description:EVERGREEN PARK NO. 1 LOT 1013 EXC ELY 10 FT; ALSO LOTS 1014 THRU 1033 INCL; ALSO LOT 1034 EXC BEG AT NWLY COR OF SD LOT;
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Tax Annual Amount:10434.0
Baths
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Bathrooms Total:36
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Bathrooms Full:36
Heating & Cooling
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Heating:Baseboard, Electric
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Heating:true
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Cooling:CeilingFans, SeperateMeter
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Cooling:true
Utilities
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Utilities:CableAvailable
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Sewer:PublicSewer, SewerAtStreet
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Water Source:Public
Schools
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High School District:Flint
The Community
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Subdivision Name:EVERGREEN PARK NO 1
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Pool Features:None
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Waterfront:false
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Pets Allowed:Call
Parking
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Parking Total:53.0
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Parking Features:Paved, Unassigned
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Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2025 Realcomp II Ltd. Shareholders.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/6/21
Apr 6, 2021
|
Sold | REALCOMP | $899,900 |
