1261 W GRAND BLANC Road, Grand Blanc, MI 48439
- Added:
- Jan 26, 2025
- Days on Market:
- 515
- Last Refresh:
- Jun 25 at 7:06 pm
Property Features for 1261 W GRAND BLANC Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Multi-Family,Residential
- Bedrooms
- 2
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Basement, Bedroom 2, Bedroom 1
- Parking
- 2
- Pets allowed
- Cats OK
- Interior features
- High Spd Internet Avail, Laundry Facility
- Exterior features
- Lighting, Private Entry
- Standard status
- Pending
- APN
- 1524100004
- Size
- 1,400 SF
- Lot size
- 0.53 Acres
Taxes and HOA fees
- Tax Description
- W 100 FT OF N 230 FT OF NE 1/4 SEC 24 T6N R6E (83) FR 1500050036
- Tax Annual Amount
- 3692
Utilities
- Heating system
- Forced Air
- Cooling system
- Window Unit(s)
- Water source
- Well
Building Details
- Year built
- 1934
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Vinyl
- Architectural style
- Colonial
Listing agent Robert C Sprader License #6501259834 (248) 406-2921
Listing office KW Showcase Realty 2730 Union Lake Road, commerce Township, MI (248) 360-2900
Listing date Jan 26, 2025
Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Duplex built in 1934 with colonial style and vinyl construction materials
- Two units: first‑floor 1‑bedroom with 1.1 baths plus basement with washer and dryer; second‑floor 1‑bedroom with updated bathroom
- Both units heated by newer gas‑forced air furnaces; forced air heating system included
- Cooling via window unit(s); high‑speed internet available
- Oversized 2.5‑car garage and a 1/2‑acre lot with lighting and private entry for both units
- Long‑term tenants with 18 years of tenancy; laundry facility on‑site
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $18.1k | $12.96 |
| − Vacancy | −$965 | −$0.69 |
| EGI | $17.2k | $12.27 |
| − OpEx | −$5.2k | −$3.68 |
| NOI | $12.0k | $8.59 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Grand Blanc
- County
- Genesee
- State
- Michigan
- Longitude
- -83.700774
- Latitude
- 42.914718
