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$129,900

Beds
4
Baths
2.0
sq ft
1,796

425 W 5th Ave, Flint, MI 48503

425 W 5th Ave

FlintCity_Genesee, MI 48503

    Discover the perfect blend of historic charm and modern potential with this unique property. Situated in the heart of Flint’s revitalized Carriage Town neighborhood, this versatile property offers endless opportunities for investors and homeowners alike. Flexibility: Use as a three-unit rental property, a single-family residence, or a live-and-rent scenario to offset costs. Nestled in Flint's historic Carriage Town, surrounded by vibrant new development and historic architecture. Walkable to downtown Flint, with easy access to restaurants, shops, cultural events, and the University of Michigan-Flint campus. Updated Historic Home (Units Rented For $695/Mo) In Carriage Town Renaissance Zone (Tax Breaks) W 840 Sq Ft Artist/Studio Loft Apartment Above Garage (Rented For $500/Mo W Separate Utilities) Let The Apartment Pay Your Mortgage And Live Almost Free! Multi Use Zoning, Could Be a Business And Your Home! Unique Property. Newer Roofs, Siding, Hvac, Pella Windows, Flooring, Paint, Ext Doors, Appliances, Water Heater In Loft. Plenty Of Paved Parking Batvai. Licensed Realtor Must Be Physically Present When Showing Agent Owned. Please Schedule All Showings Online--24 Hours Advance Notice Needed. This property is a rare gem, offering the perfect opportunity to invest in a growing community or create your dream home. Whether you’re an investor looking for strong rental potential or a homeowner seeking the charm of Carriage Town living, this property is a must-see! Schedule your showing today and unlock the potential of 425 5th Avenue! Please Leave Feedback

    Details

    Property type

    Single Family Residence

    Est. home value

    $89,683

    Lot size

    8,276 sq ft

    Price per sq ft

    $73

    Year built

    1910

    Annual property taxes

    $1,454

    HOA

    No

    Price History

    01/08/2025
    Realcomp

    Realcomp #20250001345

    Listed
    $129,900

    Schools & Community

    Neighborhood: 

    Carriage Town

    Elementary school: 

    Unknown

    Middle school: 

    Unknown

    High school: 

    Unknown

    High school district: 

    Flint

    Negotiation Insights

    Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

    Seller could get up to

    $86,419
    Asking price
    $129,900
    Closing costs (~8% of asking)
    -$10,392
    Est. remaining loan balance
    -$33,089
    Cash to seller
    $86,419

    This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

    Seller’s Loan History

    Lender

    Genisys Cu

    Loan start date

    May 2018

    Original loan amount

    $44,000

    Est. remaining balance

    $33,089

    Interest rate

    4.44%

    Loan type

    Not Provided, 20 year

    Seller

    Robert F Gineman

    Source: Public records data

    If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

    How insights can help you

    Interest rate

    If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

    Motivation

    If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

    Equity

    If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

    Interested in learning more?

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    Status: Active

    Tomo last checked: 03/29/2025 at 8:25 AM

    Listing updated: 03/25/2025 at 9:15 AM

    Listed by: Jeffrey Raupp, 855 Manager.com Phone #: (248) 933-7233

    MLS: Realcomp #20250001345

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