#20250018836, Charlie Mays IV, Listing Office: National Realty Centers, Inc
1137 Ann Arbor St Flint, MI 48503
Property details
About 1137 Ann Arbor St
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!
Highlights
Summary
- MLS Number: 20250018834
- MLS Name: Realcomp II Ltd
- Office Name: Prime Real Estate & Associates
- Office Phone: (810) 458-4848
- Listing Agent: Bladimyr Aranda
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Last updated on: 4/16/2025, 7:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$22,500
1137 Ann Arbor St
$267
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $19,200 | $1,597 |
2023 | $15,600 | $- |
2022 | $12,700 | $- |
2021 | $11,400 | $- |
2019 | $9,600 | $1,003 |
2018 | $8,300 | $679 |
2017 | $5,800 | $669 |
History based on county public records data.
Nearby schools
5
Eisenhower Elementary School
Public Magnet KG-6
0.9 mi
•1235 Pershing St
4
Durant-Tuuri-Mott Elementary School
Public Magnet KG-6
1.1 mi
•1518 University Ave
3
Doyle-Ryder Elementary School
Public Magnet KG-6
1.3 mi
•1040 N Saginaw St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $26,531. Most Flint, MI residents have annual incomes less than $<35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
Living in Flint, MI
About 1137 Ann Arbor St
This home is located at 1137 Ann Arbor St in Flint, MI and zip code 48503. This 1,601 square foot home, which was built in 1880, sits on a 0.15 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 20, 2025 and is currently priced at $22,500.
In March 2025, from all listings sold in Flint, MI there were more than 31 sold above asking price, over 48 sold below and more than 19 were sold right at the asked price. The number of homes for sale in Flint, MI increased by 5.3% between February and March 2025. While the average time on the market in March 2025 was 44 days, the median list price was $81,965.