$63,900

3414 S Saginaw Street

Flint MI, 48503

Description

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.

Details

MLS#2200007968
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1940
Days On Site66

Features

SQ Feet1,665
Story(s)1
Units3
ZoningCommercial,Multiple

Market Activity 48503

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Area Information

StateMI
CountyGenesee
CityFlint
Zip Code48503
AreaFlint
Listing VS Median (in 48503)
Price:
$63,900
low | high
Med:
$50,000
71.752738654147% of Average
SqFt:
1,665
low | high
Med:
1,504
59.66966966967% of Average
$ / SqFt:
$38
low | high
Med:
$33
63.376535810608% of Average
On Site:
66
low | high
Med:
40
100% of Average
Listing Updated: 04/04/2020
MLS Number: 2200007968
Listing Provided By:
Bernard Drew  of  Keller Williams First Grand Blanc
MLS Internet Data Exchange (IDX) 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 is not guaranteed accurate by realcomp II Ltd.® MLS.