Listing Courtesy of: Audrey Koop - Oakland Corners Realty LLC 877-962-4968
$385,000 affordable loan icon Calculate Payment

4481,4483,4485- LENNON Flint, MI 48507

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Industrial Residence
Beds
Baths
4,384 Sq. Ft.
0.67 Acre Lot
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Last updated on 12/22/2024 4:19 PM

Listing Details

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! Continue reading
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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Listing Courtesy of: Audrey Koop - Oakland Corners Realty LLC 877-962-4968
Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307


Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
This content last refreshed on 12/22/2024 4:19 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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