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8-Unit Apartment Building

712 S Grand Traverse Street, Flint, MI 48502

For Sale
$325,000
Pending

Each occupied apartment has one bedroom and one bathroom.

Property Size5,742 SF
Days on Market193

Property Features for 712 S Grand Traverse Street

General Information

Standard status Pending
Size 5,742 SF
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 8 x 1BR/1BA
Multifamily Units 8

Additional Details

Tenant in Place Yes

Amenities

8
Natural Gas
No
Yes
Public Sanitary
0.23
76x132
Basement

Building Details

Year Built 1946
Listing Agency: REMAX Edge
Listed By: Jodi Schempp
Source: Parkplacehomesonline
Added: May 4 Changed: Nov 10 Last Checked: Nov 11 at 9:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REMAX Edge

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Investment Insights

Based on property information with market context.

The 5,742-square-foot apartment building contains eight occupied units, each with one bedroom and one bathroom. Individual apartments measure approximately 550 to 650 square feet. Built in 1946, the property also has a basement with two additional units that are vacant and require renovation; completing that work could allow for a 10-unit configuration.

Key Highlights

  • Eight apartments are currently rented
  • Each unit has 1 bedroom and 1 bathroom
  • Apartments range from approximately 550 to 650 sqft

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

8
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,581
Businesses Nearby

Demographics for 48502, MI

1,478
Population
228
Households
6.5
Avg Household Size
29
Median Age
11%
College-Educated
77%
High-School Grad
0.5 sq mi
ZIP Area
2,956
Density / Sq Mi
$55,700
Median Household Income
$9,434
Median Earnings
$886
Median Rent
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Apartment buildings in Genesee County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Each occupied apartment has one bedroom and one bathroom.
Where is this apartment building located?
The property is located at 712 S Grand Traverse Street Flint, MI.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Eight apartments are currently rented; Each unit has 1 bedroom and 1 bathroom; Apartments range from approximately 550 to 650 sqft
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