1137 ANN ARBOR Street Active

Flint,MI 48503

$ 22500

3 Beds

2 Baths

1601 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,601 sqft

Price per Sqft $14

Municipality Flint

Subdivision Flint

MLS Listing ID 20250018834

Bedrooms 3

Full Baths 2

Originating Board Realcomp

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 Residence

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 Genesee County - 10

Direction Please use G.P.S

Interior

Heating Forced Air

Exterior

Exterior Feature Fenced Back

View Y/N No

Garage No

Building

Story 2

Water Public

Structure Type Shingle Siding

Schools

School District Flint

Others

Tax ID 4118351008

Acceptable Financing Cash

Listing Terms Cash

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