UPDATED:
Key Details
Property Type Single Family Home
Sub Type Split Level
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 Split Level
Bedrooms 3
Full Baths 2
HOA Y/N no
Originating Board Realcomp II Ltd
Year Built 1880
Annual Tax Amount $1,633
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 49.50 x 132.00
Property Sub-Type Split Level
Property Description
(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 Flint
Direction Please use G.P.S
Rooms
Basement Unfinished
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Exterior Feature Fenced
Garage Description No Garage
Fence Back Yard, Fenced
Road Frontage Paved
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Public (Municipal), Water at Street
Architectural Style Split Level
Warranty No
Level or Stories Bi-Level
Structure Type Metal Siding,Shingle Siding
Schools
School District Flint
Others
Tax ID 4118351008
Ownership Short Sale - No,Private Owned
Assessment Amount $467
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
