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listing
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CommercialFor Sale
$385,000
4481,4483,4485-A & 4485-B Lennon Road
Flint, MI 48507
Listed by: Oakland Corners Realty LLC, (877) 962-4968
MLS: Realcomp II Ltd
4,384Sq Ft
Est. Mortgage
$2,087/mo

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 building—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 you’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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IDX provided courtesy of Realcomp II Ltd. via Help A Vet Realty LLC and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders. Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.
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