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$22,500
Est. payment /mo
3 Beds
2 Baths
1,601 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type SingleFamilyResidence
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 20250018834
Style SplitLevel
Bedrooms 3
Full Baths 2
Year Built 1880
Property Sub-Type SingleFamilyResidence
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!
(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 Area08182Flint
Rooms
Basement Unfinished
Interior
Heating ForcedAir, NaturalGas
Exterior
Parking Features NoGarage
Fence BackYard, Fenced
Pool None
View Y/N No
Garage false
Building
Foundation Basement, Block
Sewer PublicSewer, SewerAtStreet
Water Public, WateratStreet
Schools
School District Flint
Others
Senior Community false
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition ShortSaleNo, Standard
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Listed by Bladimyr Aranda of Prime Real Estate & Associates
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