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    2077 E Boatfield Ave Burton, MI 48529

    For Sale
    $219,900

    Well-maintained multifamily property with steady cash flow and long-term tenants.

    Lot size:
    0.23 Acres

    Property Features for 2077 E Boatfield Ave

    General Information

    Lot size
    0.23 Acres

    Building Details

    Year built
    1941

    Source: Allstate Properties.com Agent Jennifer L Johnston

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily Property with Income Potential

    The property at 2077 E Boatfield Avenue is being sold together with 2073 E Boatfield Avenue. The first building is a well-maintained three-level home featuring two-bedroom apartments on each level. This home is equipped with steam heat, and both the shingles and rubber roof are newer. The rent for units 1-3 includes seller-paid water, gas, sewer, and water services. The second unit, located at 2073 E Boatfield, is a 21'x27' two-story unit. The ground unit includes three storage bays and a mechanical room with laundry facilities, while the upper level contains a two-bedroom apartment. This building has a separate, newer forced-air furnace and central air conditioning for the apartment, along with separate power and sewer/water meters. The tenant is responsible for paying electric and gas, while the landlord currently covers sewer and water. Parking for all units is located on this parcel. The taxes listed reflect the combined amounts for both parcels. Three units are currently leased to long-term, paying tenants. The property has been family-owned and well-maintained for several generations. The sale is subject to tenants' rights, presenting an opportunity for either owner-occupancy or investment.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Burton
    County
    Genesee
    State
    Michigan
    Longitude
    -83.669716
    Latitude
    42.9731867

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained multifamily property with steady cash flow and long-term tenants.
    Where is this apartment building located?
    The property is located at 2077 E Boatfield Ave Burton, MI.
    What is the asking price?
    The asking price for this property is $219,900.
    What are key features of this property?
    This property features: - Great cash flow potential from multiple rental units.; - Includes two properties (2073 & 2077 E Boatfield Avenue) for a combined investment.; - Three units are currently leased with long-term, paying tenants.
    (810) 922-5950
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2077 E Boatfield Ave Burton, MI 48529
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