1137 ANN ARBOR Street Unit ********

  • $22,500
1137 ANN ARBOR Street, Flint, MI 48503

Overview

Property ID: 20250018834
  • Single Family Home
  • Property Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 1601
  • Sq Ft
  • 1880
  • Year Built

Overview

Property ID: 20250018834
  • Single Family Home
  • Property Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 1601
  • Sq Ft
  • 1880
  • Year Built

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

Details

Updated on July 1, 2025 at 6:07 am
  • Property ID: 20250018834
  • Price: $22,500
  • Property Size: 1601 Sq Ft
  • Land Area: 0.15 Acres
  • Bedrooms: 3
  • Bathrooms: 2
  • Year Built: 1880
  • Property Type: Single Family Home
  • Property Status: For Sale
  • Address 1137 ANN ARBOR Street
  • City Flint
  • State/county Michigan
  • Zip/Postal Code 48503
  • Country US

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