1137 Ann Arbor Street

Flint, Michigan 48503

  • 3 Bed(s)
  • 2 Bath(s)
  • 1,601 Sqft
  • 0.15
    Acre(Lot)
$22,500

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!

  • Property Type

    Residential

  • Subdivision

    Fenton & Bishop's Westerly Add

  • County

    Genesee

  • Style

    Split Level

  • AD ID

    49018147

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Property Details

  • Bedroom Information

    • Total Bedrooms : 3

    Bathroom Information

    • Total Baths: 2
    • Full Baths: 2

    Room Information

    • Total Rooms: 6

    Interior Features

    • Basement Description: Unfinished

    Heating & Cooling

    • Heating: Forced Air
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1880
    • Building Stories: Bi-Level
    • Foundation/Basement: Basement
    • Architecture: Split Level

    Exterior Features

    • Fenced
    • Construction: Metal Siding,Shingle Siding

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary),Sewer at Street

    Water

    • Public (Municipal),Water at Street

  • Lot Information

    • Lot Size: 0.15
    • Dimensions: 49.50 x 132.00

    Property Information

    • SQ ft: 1601
    • Subdivision: FENTON & BISHOP'S WESTERLY ADD
    • Financing: Cash

  • Listing Price Information

    • Original List Price: $22,500

    Listing Information

    • Possession: At Close
    • Legal Description: FENTON & BISHOP'S WESTERLY ADDITION N 3/4 OF LOT 3, BLK 6

  • Tax Information

    • Annual Tax: $1,633
    • Parcel Number: 4118351008

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: FENTON & BISHOP'S WESTERLY ADDITION N 3/4 OF LOT 3, BLK 6

  • Parking Information

    • Garage Size: No Garage

    Multi-Unit Information

    • Road Frontage: Paved

  • Utility Information

    • Water:Public (Municipal),Water at Street
    • Sewer:Public Sewer (Sewer-Sanitary),Sewer at Street
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BuyOwner last updated this listing 03/28/2025 @ 19:05

  • MLS: 624374644
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Home, with 3 bedrooms which is for sale, it has 1,601 sqft, 0 sized lot, and No Garage parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Flint , in zip code 48503, this Genesee County Home , it is in the FENTON & BISHOP'S WESTERLY ADD Subdivision, are nearby neighborhoods.