$385,000
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4481,4483,4485- LENNON Flint, MI 48507
Industrial
Residence
Beds
Baths
4,384
Sq. Ft.
0.67
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
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Presenting a remarkable commercial property featuring four units with two units fully occupied on a spacious 0.67-acre lot. With an impressive 12% CAP rate, this investment promises strong returns and stable cash flow, making it an ideal choice for savvy investors. The cap rate and income numbers in... this listing are based on full occupancy rental rates. Key Features include but are not limited to- Four Units: 2 units housed in one building, with two more units in a separate buildingââ?¬â??providing diversification in income streams. Strong Lease Terms: 1st tenant contract extends through 2027, and 2nd lease is secured until 2025, ensuring long-term stability. This property is strategically located near the corner of Lennon and Linden Roads, ensuring easy access for tenants and visibility for potential customers. With loyal tenants and a proven rental history, this investment opportunity is not to be missed! Whether youââ?¬â?¢re looking to expand your portfolio or seeking a first-time investment, this property offers the perfect blend of stability and potential for growth. Contact us today for more information or to schedule a viewing!
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Source MLS
MiRealSource
Originating MLS
RealComp
MLS#
60352121
Property Type
Industrial
Year Built
1919
Square Feet
4,384
sq. ft
Lot Size
0.67
Sewer
Public Sewer
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