$22,500 for Sale
1137 ann arbor, flint, MI 48503
| Beds 3 | Baths 2 | 1,601 Sqft | 0.15 Acres |
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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!
General Information
Sale Price: $22,500
Price/SqFt: $14
Status: Active
MLS#: 60378014
City: flint
Post Office: flint
Schools: flint city school district
County: Genesee
Subdivision: fenton & bishop's westerly add
Acres: 0.15
Lot Dims: 49.50 x 132.00
Bedrooms:3
Bathrooms:2 (2 full, 0 half)
House Size: 1,601 sq.ft.
Acreage: 0.15 est.
Year Built: 1880
Property Type: Single Family
Style: Split Level
Features & Room Sizes
Bedroom 1: 10x10
Bedroom 2 : 10x10
Bedroom 3: 10x10
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen: 10x10
Livingroom:
Pole Buildings:
Paved Road: Paved Street
Garage: No Garage
Exterior: Shingle Siding,Metal Siding
Exterior Misc: Fenced Yard
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sanitary,Public At Street
Watersource: Public Water,Public Water at Street
Tax, Fees & Legal
Est. Summer Taxes: $1,526
Est. Winter Taxes: $107
HOA fees:
Information provided by East Central Association of REALTORS
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Listing By: Bladimyr Aranda of Prime Real Estate & Associates, Phone: 810-458-4848
