11472 E Lippincott Boulevard
Davison, MI, 48423 $ 330,000
Baths3.0 Sq 2,885 Monthly Estimate*
$ 2,032
Studio for $330,000 with 3 full baths. This 2,885 square foot home was built in 1945 on a lot size of 5.
Rare opportunity to own a well-maintained 3-unit multifamily property situated on 5 beautiful acres in Davison! All three units offer 2 bedrooms and 1 full bath, making this a fantastic investment or owner-occupant opportunity. The current owner occupies the spacious lower/main unit, which features a full basement, enclosed front porch, large deck, and 2-car garage. The upper unit offers a very similar floor plan with its own separate entrance, while the back unit features a charming Cape Cod-style layout with a private back patio. Major updates have already been completed, including brand new furnaces, central A/C units, water heaters, and a new roof for added peace of mind. New flooring will be installed in the main unit prior to closing, along with new drywall improvements in the back unit. There is also a dedicated laundry room area below the stairs to the upper unit that was created for the upper and back units and just needs finishing touches. Excellent income potential with all units separately metered. The upper unit is currently leased through November at $800/month, and the tenant would love to stay long term (and is aware of potential rent adjustments). Tenant just left back unit, also at $800/month. Estimated market rents are approximately $1,500ââ¬â$1,800/month for the main unit with basement and garage, $1,200/month for the upper unit, and $1,000/month for the back unit. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property offers incredible flexibility, updates, and long-term value! There is also amazing opportunity to add even more value to this property with some minor interior updating. With all big ticket items being brand new, this property is a gem! But wait, there is more...home appraised last year for the price that we are listing it for this year! Owner is downsizing into a ranch and has agreed to list this to sell fast!
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FeaturesGeneralHeating Electric Heat Forced Air
Cooling Central A/C
Possession Close Plus 30 Days
Water Private Well
Status Active Active
Full Baths 3
Half Baths 0
Bathrooms 3
Year Built 1945
Style Farm House
County Genesee
Class MULTIFAMILY
Type Multi-Family
Net Income 9600
Ownership Private
Municipality Davison Twp
Zoning Residential
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Structure Style 2 Story
Area Davison Twp (25004)
Primary City Davison
Directions Take M15 to Lippincott and then turn East on Lippincott follow it to the T and then turn right it is the first house after the guard rail
City Davison
School District Davison Community Schools
Financial Terms Cash Conventional
Legal Description N 1/2 OF E 20 A OF S 1/2 OF NE 1/4 EXC E 18 RDS ALSO EXC S 4 RDS SEC 23 T7N R8E
DOM 3
Postal Code 48423
Price Per Sq Ft Total AG 114.38
Public Remarks Rare opportunity to own a well-maintained 3-unit multifamily property situated on 5 beautiful acres in Davison! All three units offer 2 bedrooms and 1 full bath
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InteriorBasement Block Partially Finished
Fireplace? No
Total Number of Units 3
Fuel Type Electric
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ExteriorExterior Vinyl Siding
Exterior Amenities Deck Patio Porch
Frontage 363
Lot Size Area 5
Lot Dimensions 363 x 594
Roads Gravel
Waterfront Y/N No
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* Excluded FeaturesList ByExp Realty - FentonBroker
jason.todd.white@exprealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,032
- Monthly Property Taxes
- $398
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Davison, MI
Average List Price $330,000
Percent of Sale Price 0%
About Davison, MI 5,630 Population
2% Since 2002
$ 36,151 Median Income
40.3 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
759779 Elementary School
760246 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/7/2026 | $330,000 | | Listed Price |