Turnkey investment opportunity with immediate income potential! This well-maintained multi-family property features three updated units currently generating approximately $23,000 annually, with room to increase rents and maximize returns. Units 1 and 2 have been extensively renovated and share a durable metal roof (2018). Unit 1 includes a kitchenette and half bath and has previously operated as a beauty supply, boutique, and art studioâ??making it ideal for mixed-use or additional rental income. Unit 3 is an approximately 800 sq ft one-bedroom unit with a new roof (2021) and brand-new furnace (2026), offering low maintenance and strong rental appeal. All units have been updated with new flooring, paint, kitchens, and bathrooms, minimizing future capital expenditures. The property blends modern updates with sought-after historic charm, including arched doorways and wide trim. Additional income potential comes from the 24x40 pole barn with gas and electricâ??perfect for storage rental, workshop space, or tenant use. New barn roof installed in 2020. Ample on-site parking adds to tenant convenience. Whether youâ??re expanding your portfolio or looking for a live/work investment, this property offers versatility, stability, and upside potential.
Courtesy: Quality Rental Homes and Property Management
Andrea Robinson
Available Now! Clio Schools! Newly remodeled unit, fresh paint, new flooring and appliances throughout. 2 bed, 1 bath apartment of a multi-family home. Water/Sewer $70 per month added to rent. Separate electric meter-tenant responsibility. $300 Non-Refundable Cleaning Fee
Charming 7 unit apartment complex conveniently located across from VGs and within walking distance to schools and shopping. Each unit has a separate electric, water heater and heat source. Exterior remodeled in 2017, including siding, roof and asphalt. All units completely remodel between 2020 and 2024. There are 3 one bedroom apartments, 1 two bedroom apartment, 1 three bedroom apartment, 1 efficiency apartment and a separate small house with one bedroom.
Clio is located in Michigan. Clio, Michigan has a population of 2,106. Clio is less family-centric than the surrounding county with 9.66% of the households containing married families with children. The county average for households married with children is 23.76%.
The median household income in Clio, Michigan is $34,838. The median household income for the surrounding county is $54,052 compared to the national median of $69,021. The median age of people living in Clio is 51.4 years.
The average high temperature in July is 82.1 degrees, with an average low temperature in January of 14.2 degrees. The average rainfall is approximately 32.4 inches per year, with 38.7 inches of snow per year.
