Flint, MI 48503 3644,1137 ANN ARBOR Street
Flint, MI 48503 3644,1137 ANN ARBOR Street
Flint, MI 48503 3644,1137 ANN ARBOR Street
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$22,500
Est. payment /mo
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3 Beds
2 Baths
1,601 SqFt
Active

1137 ANN ARBOR Street Flint, MI 48503 3644

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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


MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by Prime Real Estate & Associates

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agent

Tracy Butcher

Associate Broker - Non-Principal | License ID: 6506049127

+1(810) 428-7092

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1137 ANN ARBOR Street