$199,900
Calculate Payment
1161 N Ballanger Flint, MI 48504
Industrial
Residence
Beds
Baths
9,614
Sq. Ft.
0.5
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
Saves
Great Potential Investment Opportunity! Completely Remodeled in 2021, needs some TLC now. Owner lost all tenants and is HIGHLY motivated to sell. They purchased it for $410,000 in 2021 and now want to move it fast for less than 1/2! 2 story 18 Unit Commercial Business No Tenants. Annual gross rents... when full used to be $130,800, with a NOI of $95,534 with a cap rate of 24%!!! Ample parking in front and rear of building. Within 1 mile to I75 expressway, new apartment complex next door (fully occupied), U of M University 1 mile away, and McLaren hospital down the street! Seller HIGHLY MOTIVATED. If your a good manager, this could be an excellent investment! Most of the tenants want back in! SOLD AS IS
Continue reading
Source MLS
MiRealSource
Originating MLS
East Central Association of REALTORS
MLS#
50152904
Property Type
Industrial
Year Built
1960
Square Feet
9,614
sq. ft
Lot Size
0.5
Sewer
Public Sewer
Receive an email as soon as the price changes
Receive an email
as soon as the price changesGet Price Alerts
Don't miss your chance. Receive an email as soon as the price changes.
Get email alerts when
a home price changes
Sign up
Enter your work address to view actual drive times with traffic for this property.
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
How much home can I afford?
Get prequalified today and learn more.
Nearby Homes For Sale
Just Listed
And
Homes Available
In