Last Sold Price
8 beds3,546 sqft$71/sqft
8085 Corunna Road, Flint, MI 48532

Description

4 unit muilt rental income property with a 7% ROI with loan and taxes. The property has 3 stand alone building with a 4 car carport, paved driveway and 3+ acre yard. The units are all rehabbed with new roofs, some new furnaces and $20k in septic updates. Cosmetically the interiors are very cute and show well with updated bathrooms, new flooring and freshly painted. This facility is ready for a full time investor to take over and reap the income benefits for years to come. You will start off with...4 unit muilt rental income property with a 7% ROI with loan and taxes. The property has 3 stand alone building with a 4 car carport, paved driveway and 3+ acre yard. The units are all rehabbed with new roofs, some new furnaces and $20k in septic updates. Cosmetically the interiors are very cute and show well with updated bathrooms, new flooring and freshly painted. This facility is ready for a full time investor to take over and reap the income benefits for years to come. You will start off with a profit and it will only grow form there, rest easy that the major expenses are done. complete profit and loss in disclosure as well as full repair list. This property has a professional property management company in place.
LISTING CLOSED: 06/24/2022 12:00 AM

  1. Listed by Kim Altenritter • Brokerage DRE #6505287237 • RE/MAX Select
    P: (810) 691-0191 C: (810) 691-0191 realtoralt@gmail.com

Property Details for 8085 Corunna Road

Status
MLS #
2220035234
Days on Market
24
Taxes
$4,507 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Multi Family
Year Built
1946
Lot Size
3.96 AC / 172,497 SF
Architectural Style
Cape Cod
Waterfront
No
Zoning Description
Residential
Senior Community
No

Location

Listing Courtesy of RE/MAX Select

Sold By Atlas Real Estate

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Building Information for 8085 Corunna Road

Stories-Residences4Year Built1946Building Size-Lot Size3.96 AC / 172,497 SF

Payment Calculator

$1,656 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,281

Property Taxes

$376

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 8085 Corunna Road

Summary
Location and General Information
  • Directions: Corunna rd W past Morrish on South side of Corunna rd
  • Latitude: 42.999725
  • Longitude: -83.834414
  • Township: Genesee Clayton Twp
  • Cross Street: n of Lennon/w of Morrish
  • MLS Area Major: Clayton Twp (25003)
Taxes and HOA
  • Parcel Number: 1320 W. Hill Rd
  • Tax Amount Summer: $778.00
  • Tax Amount Winter: $3,729.00
  • Tax Annual Amount: $4,507.00
  • Tax Assessed Value: $67,400.00
  • Tax Legal Description: BEG 391 FT E OF NW COR OF E 1/2 OF NE 1/4 SEC 23, THE E 161 FT, TH S 676.5 FT, TH W 161 FT, TH N 676.5 FT TO POB. SEC 23 T7N R5E 2.5 A (93)
School Information
  • High School District: Swartz Creek
Parking
  • Parking Total: 4.0
  • Parking Features: Carport
Property
Lot Information
  • Frontage Length: 261.0
  • Lot Size Acres: 3.96
  • Lot Size Area: 3.96
  • Lot Size Dimensions: 261X617
  • Encroachment: No
  • Lot Size Units: Acres
  • Road Frontage Feet: 261
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
Property and Assessments
  • State Equalized Value: 67400.0
  • Living Area: 3546.0
  • Building Area Total: 3546.0
  • Above Grade Finished Area: 3546.0
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Total Area: 800.0
  • Below Grade Total Area Units: Square Feet
  • Class Name: Residential Income
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • New Construction: No
  • Year Built: 1946
Building Features
  • Construction Materials: Aluminum Siding
  • Foundation Details: Basement, Block
  • Levels: Two
  • Year Remodeled: 2021
  • Roof: Asphalt, Metal
  • Stories Total: 2
Utilities
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Well
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 5.0
  • Appliances: Gas Water Heater
  • Basement: Unfinished
  • Has Basement: Yes
  • Bathrooms Full: 5
  • Bathrooms Total Integer: 5
  • Has Cooling: No
  • Fireplace: No
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Water Heater Fuel: Natural Gas
  • UnitOneBedNumberOf: 1
  • UnitTwoBedNumberOf: 2
  • UnitThreeBedNumberOf: 1
Exterior Features
  • Patio And Porch Features: Porch
Multi Family
Multi Family Information
  • Number of Units Leased: 1
  • Number of Units Total: 4
  • Unit Records: 4
Income & Expenses
  • Gross Scheduled Income: $33,780.00
  • Net Operating Income: $15,813.00
Unit Information
Unit 1
  • Actual Rent: $620.00
  • Total Bathrooms: 1
  • Furnished: Unfurnished
  • Sq Ft: 694.0
  • Type: One Bedroom
Unit 2
  • Actual Rent: $630.00
  • Total Bathrooms: 1
  • Furnished: Unfurnished
  • Sq Ft: 600.0
  • Type: Two Bedroom
Unit 3
  • Actual Rent: $675.00
  • Total Bathrooms: 1
  • Furnished: Unfurnished
  • Sq Ft: 891.0
  • Type: Two Bedroom
Unit 4
  • Actual Rent: $875.00
  • Total Bathrooms: 2
  • Furnished: Unfurnished
  • Sq Ft: 1359.0
  • Type: Three Bedroom
Agent
Sale and Listings
  • Public GLR Website: Yes
Rental
Rent Information
  • Monthly Rental Income: $2,812.00
  • Existing Lease: Yes
  • Pets Allowed: No
  • Rent Spree: No

Property History for 8085 Corunna Road

DateEvent & SourcePriceAppreciation
Jun 24, 2022

Sold

Realcomp #2220035234

$252,000
Jun 24, 2022

Sold

MiRealSource #60094568

$252,000
Jun 6, 2022

Contract Signed

Realcomp #2220035234

DateEvent & SourcePrice
06/24/2022

Sold

Realcomp #2220035234

$252,000
06/24/2022

Sold

MiRealSource #60094568

$252,000
06/06/2022

Contract Signed

Realcomp #2220035234

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 8085 Corunna Road

Taxable ValueLand-Additions-Total-
Tax Record2025$144 ($12 / month)
Home Facts
Beds0Lot Size67,518 SqFtStyleResidentialZoningFS,SINGCountyGENESEEAPN04-23-200-030

Schools near 8085 Corunna Road

This home is within Swartz Creek Community Schools.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - K to 2
Public - K to 5
Public - 2 to 5
Rating
School
Distance
Syring Elementary School
PublicPK to 2

Morrish Elementary School
PublicK to 2

Gaines Elementary School
PublicK to 5

Dieck Elementary School
Public2 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of RE/MAX Select

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