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Turnkey Cash flow Property with 13% CAP rate! Generate income from a profitable mixed use building featuring 2 residential apartments and a commercial space that at 100% capacity. Owner has renovated all units, roof, mechanicals and finishes in the last 12 months. Enjoy the multiple streams of cash flow and growth potential! Situated just south of Downtown Flint and along the route of the annual Back To The Bricks- phenomenal proximity to the I69 & I475 expressways. This is a great place for residents to call home-or establish as a busines. We honor the present tenants and graciously ask DO NOT disturb tenants nor visit without being accompanied by a licensed real estate agent.
Elementary School |
Middle School |
High School |
| Click Here Distance: N/A Miles |
Click Here Distance: N/A Miles |
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Price History
| 12/4/2020 | Listed $57,900 |
| Commercial Type | Commercial |
| Construction Materials | Brick, Vinyl |
| Cumulative Days on Market | 422 |
| Current Use | Currently occupied |
| Gross Scheduled Income | 15600.00 |
| Heating | Forced Air |
| Land Contract | No |
| Listing Agent Public Id | 400987 |
| Net Operating Income | 8451.00 |
| Operating Expense | 7149.00 |
| Originating MLS | Realcomp II Ltd |
| Ownership Status | Private Owned, Short Sale - No |
| Parcel Number | 4119436014 |
| Possession | Close Plus 30 Days |
| Property Type | Commercial |
| School District | Flint |
| Sewer | Sewer-Sanitary |
| Short Sale | No |
| Status | Active |
| Subdivision Name | GREENLEE PLACE |
| Terms Offered | Cash, Conventional |
| Total Sq Ft | 1665 |
| Transaction Type | Sale |
| Year Built | 1940 |
| Year Remodeled | 2019 |
| Zoning | Commercial |
Interior Features
| Heating Fuel | Natural Gas |
| Unit Count | 0 |
Exterior Features
| Architecture Level | 2 Story |
| Foundation | Basement |
| Foundation Materials | Block |
| Frontage Feet | 42 |
| Lot Size Area | 0.11 |
| Lot Size Dimensions | 47.00X103.00 |
| Water Source | Municipal Water |
| Waterfront | No |
IDX provided courtesy of Realcomp II Ltd., via American Associates REALTORS and The Originating MLS(found above), © 2021 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is 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.
Data is updated as of April 19, 2021 10:25 PM UTC Information deemed reliable but not guaranteed.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relat