1137 Ann Arbor St Flint, MI 48503
Grand Traverse NeighborhoodEstimated payment $147/month
Total Views
19,047
3
Beds
2
Baths
1,601
Sq Ft
$14
Price per Sq Ft
About This Home
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!
Home Details
Home Type
- Single Family
Year Built
- Built in 1880
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 49.50 x 132.00
- Back Yard Fenced
Home Design
- 1,601 Sq Ft Home
- Split Level Home
- Bi-Level Home
- Block Foundation
- Shingle Siding
- Metal Siding
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Location
- Mid level unit with steps
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Sewer in Street
Additional Features
- Unfinished Basement
Community Details
- No Home Owners Association
- Fenton & Bishop's Westerly Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 4118351008
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,526 | $19,200 | $0 | $0 |
| 2023 | $1,491 | $15,600 | $0 | $0 |
| 2022 | $0 | $12,700 | $0 | $0 |
| 2021 | $773 | $11,400 | $0 | $0 |
| 2020 | $736 | $10,500 | $0 | $0 |
| 2019 | $977 | $9,600 | $0 | $0 |
| 2018 | $679 | $8,300 | $0 | $0 |
| 2017 | $669 | $0 | $0 | $0 |
| 2016 | $666 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2012 | -- | $5,800 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/20/2025 03/20/25 | For Sale | $22,500 | -- | $14 / Sq Ft |
Source: Realcomp
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | $20,250 | None Listed On Document | |
| Warranty Deed | $12,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $35,700 | Adjustable Rate Mortgage/ARM |
Source: Public Records
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Source: Realcomp
MLS Number: 20250018834
APN: 41-18-351-008
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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