Flint Twp, MI 48507,4481,4483,4485-A & 4485-B LENNON Road
Flint Twp, MI 48507,4481,4483,4485-A & 4485-B LENNON Road
Flint Twp, MI 48507,4481,4483,4485-A & 4485-B LENNON Road
Flint Twp, MI 48507,4481,4483,4485-A & 4485-B LENNON Road
Flint Twp, MI 48507,4481,4483,4485-A & 4485-B LENNON Road
Flint Twp, MI 48507,4481,4483,4485-A & 4485-B LENNON Road
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$ 385,000
Est. payment | /mo

4,384 SqFt


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$ 385,000
Est. payment | /mo
Save

4,384 SqFt

Key Details

Property Type Commercial

Sub Type Real Estate Only

Listing Status Active

Purchase Type For Sale

Square Footage 4,384 sqft

Price per Sqft $87

MLS Listing ID 20240080063

Originating Board Realcomp II Ltd

Year Built 1960

Annual Tax Amount $7,454

Lot Size 0.670 Acres

Acres 0.67

Lot Dimensions 181.00 x 162.00

Property Description

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!

Location

State MI

County Genesee

Area Flint Twp

Zoning Commercial

Direction Turn off Bristol Rd to go North on Linden Rd. Then in 0.98 miles turn right on Lennon Rd. Then take a right in 255ft and you've reached your destination.

Interior

Hot Water ENERGY STAR® Qualified Water Heater, Natural Gas

Heating Forced Air

Exterior

Roof Type Asphalt

Road Frontage Paved

Building

Foundation Slab, Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Level or Stories 1 Story

Structure Type Block/Concrete/Masonry,Brick

Schools

School District Swartz Creek

Others

Tax ID 0728100003

Ownership Short Sale - No,Private Owned

Assessment Amount $108

Acceptable Financing Cash, Conventional

Rebuilt Year 2020

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Full Service

Realcomp MLS
Listed by Audrey Koop of Oakland Corners Realty LLC

Learn More About LPT Realty

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Scarlett Napolitano

+1(407) 808-6757

scarlett@teamnapolitano.com

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4481,4483,4485-A & 4485-B LENNON Road