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$22,500 for Sale

1137 ann arbor street, flint, MI 48503

Beds 3 Baths 2 1,601 Sqft 0.15 Acres 1 of 7
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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
Est. Payments: $144
Calculate Payments Mortgage Rates
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 Dim: 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: 
Dining 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: 


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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Bladimyr Aranda of Prime Real Estate & Associates

This listing last updated: Mon, March 24, 2025 at 12:30:11 PM EDT

MIRealSource Listing Data Last Updated On Wednesday, April 23 2025 at 10:15pm
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Listings presented by:
Bladimyr Aranda
Prime Real Estate & Associates
Call: (248) 818-9195

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