1137 Ann Arbor

Flint, MI 48503
  • $22,500

    Price
  • 3

    Bed
  • 2

    Bath
  • 1,601

    SqFt

About the Listing 105043 - 677560

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!

Listing Highlights for 1137 Ann Arbor

Status Active
Days on Site 178
Property Type Residential
MLS ® 60378014
Year Built 1880
Total Square Footage 1,601
Lot/Acreage 0.15

Interior Details

  • Bedrooms: 3
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas,Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 1601
  • Below Ground Sq Ft: n/a
  • Basement: Unfinished
  • Other:
  • Water: Public Water,Public Water at Street

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 49.50 x 132.00
  • Roof:
  • Others: Fenced Yard
  • Sewer: Public Sanitary,Public At Street

Financial Details

  • Tax Amount: $1,633
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

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1137 Ann Arbor Flint, MI 48503

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Originating MLS: RealComp

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