1137 Ann Arbor Street
Flint, MI 48503
- 3 beds
- 2 baths
- 1,601 sqft
- 6,534 sqft lot
- $14 per sqft
- 1880 build
- – on site
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!
Last checked:
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Last updated Mar 24, 2025
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MLS# 20250018834 —
The Building
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Year Built:1880
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New Construction:false
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Construction Materials:MetalSiding, ShingleSiding
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Architectural Style:SplitLevel
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Levels:BiLevel
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Entry Location:Mid Level w/Steps
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Basement:Unfinished
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Basement:true
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Foundation Details:Basement, Block
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Above Grade Finished Area:1601.0
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Below Grade Total Area:961
Interior
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Fireplace:false
Room Dimensions
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Living Area:1601.0
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Living Area Source:Estimated
Location
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Directions:Please use G.P.S
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Cross Street:South of Fifth St
The Property
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Parcel Number:4118351008
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Lot Size Acres:0.15
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Lot Size Area:0.15
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Lot Size Dimensions:49.50 x 132.00
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Lot Size Units:Acres
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Fencing:BackYard, Fenced
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Road Frontage Feet:49
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Road Frontage Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (810) 458-4848
- Office phone:
- (810) 458-4848
Taxes
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Tax Legal Description:FENTON & BISHOP'S WESTERLY ADDITION N 3/4 OF LOT 3, BLK 6
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Tax Assessed Value:16380
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Tax Annual Amount:1633.0
Beds
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Total Bedrooms:3
Baths
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Total Baths:2
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Full Baths:2
The Listing
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Home Warranty:false
Heating & Cooling
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Heating:ForcedAir, NaturalGas
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Heating:true
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Cooling:false
Utilities
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Sewer:PublicSewer, SewerAtStreet
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Water Source:Public, WateratStreet
Schools
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High School District:Flint
The Community
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Subdivision Name:FENTON & BISHOP'S WESTERLY ADD
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Senior Community:false
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Pool Features:None
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Waterfront:false
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Association:false
Parking
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Garage:false
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Attached Garage:false
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Parking Features:NoGarage
IDX provided courtesy of Realcomp II Ltd., via Estately and Realcomp II Ltd, © 2025 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively 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.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2025 Realcomp II Ltd. Shareholders.
Monthly cost estimate
Asking price
$22,500
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$120
|
| Taxes | $136 |
| Insurance | $6 |
| Utilities | $219 See report |
| Total | $481/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/20/25
Mar 20, 2025
|
Listed / Active | REALCOMP | $22,500 |
