Flint, MI 48504 7543,1161 N BALLENGER HWY
Flint, MI 48504 7543,1161 N BALLENGER HWY
Flint, MI 48504 7543,1161 N BALLENGER HWY
38
$410,000
$399,900
2.5%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

9,614 SqFt

1161 N BALLENGER HWY Flint, MI 48504 7543

Est. payment /mo
SOLD DATE : 05/28/2021

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $410,000

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 9,614 sqft

Price per Sqft $42

Subdivision Mi

MLS Listing ID 40168715

Sold Date 05/28/21

Annual Tax Amount $9,216

Lot Size 0.500 Acres

Acres 0.5

Lot Dimensions 180X150

Property Description

Great Investment Opportunity with High Cash Flow! Completely Remodeled 2 story 18 Unit Commercial Business Building 100% Leased with a waiting list. Annual gross rents of $130,800, with a NOI of $95,534 with a cap rate of 24%!!! Turn key operation. Ample parking in front and rear of building. New Signage and Camera Surveillance System. Within 1 mile to I75 expressway, new apartment complex next door (fully occupied), U of M University 1 mile away, and McLaren hospital down the street! Seller relocating. Confidential Sale, Do Not Approach Tenants.

Location

State MI

County Genesee

Area Flint (25023)

Zoning Commercial

Interior

Heating Forced Air

Exterior

Waterfront No

Roof Type Asphalt

Building

Foundation Slab

Water Public Water

Structure Type Block

Others

Ownership Private

Energy Description Electric,Natural Gas

Acceptable Financing Cash

Listing Terms Cash

Financing Cash,Conventional

Read Less


MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Century 21 AAA North-Rochester
Bought with The Sedlarik Group Realty LLC

GET MORE INFORMATION

Morgan Beilfuss

Agent | License ID: 6501277052

+1(989) 277-7860

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.