1137 ANN ARBOR Street Active Save Request In-Person Tour Request Virtual Tour
Flint,MI 48503 3644
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,601 sqft
Price per Sqft $14
Subdivision Fenton & Bishop'S Westerly Add
MLS Listing ID 60378014
Style Bi-Level
Bedrooms 3
Full Baths 2
Abv Grd Liv Area 1,601
Year Built 1880
Annual Tax Amount $1,633
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 49.50 x 132.00
Property Sub-Type Single Family
Property Description
Investor Special! High Cash Flow Potential – 2 Duplexes (1137 ANN ARBOR & 1141 ANN ARBOR) ?? **SELLER MUST SELL BOTH HOMES AS PACKAGE DEAL (WILL NOT SELL SEPARATELY) ** Attention investors! This is your chance to secure two duplexes (4 total units) with incredible income potential. Each unit is 2 bed, 1 bath, currently renting at $700 per unit, generating a total monthly income of $2,800 ($33,600 annually). ? Asking Price: $45,000 (22,500 Each) ? Rehab Estimate: $100,000 ? Projected Cap Rate (Post-Rehab): 13.2% ? Projected NOI: $18,480/year ? GRM (Post-Rehab): 4.2 – Incredible Deal! With a total investment of $140,000, this property offers high returns and strong cash flow. Perfect for buy-and-hold investors looking for steady rental income. Located in a growing market, this opportunity won't last long! ?? Call/Text Today for More Details!
Location
State MI
County Genesee
Area Flint (25023)
Rooms
Basement Unfinished
Interior
Heating Forced Air
Exterior
Garage No
Building
Story Bi-Level
Foundation Basement
Water Public Water,Public Water at Street
Architectural Style Split Level
Structure Type Shingle Siding,Metal Siding
Schools
School District Flint City School District
Others
Ownership Private
Assessment Amount $467
Energy Description Natural Gas
Financing Cash