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7
See all 7 photos
$22,500
Est. payment /mo
3 Beds
2 Baths
1,601 SqFt
Active
1137 ANN ARBOR Street Flint, MI 48503
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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
Listed by Prime Real Estate & Associates