Investor Special! High Cash Flow Potential - 2 DuplexesA;A; (1137 ANN ARBOR & 1141 ANN ARBOR) ??A;A;**SELLER MUST SELL BOTH HOMES AS PACKAGE DEAL (WILL NOT SELL SEPARATELY) **A;A;Attention investors! This is your chance to secure two duplexes (4 total units) with incredible income potential. Each unit is 2 bed,… Read More 1 bath, currently renting at $700 per unit, generating a total monthly income of $2,800 ($33,600 annually).A;A;? Asking Price: $45,000 (22,500 Each) A;? Rehab Estimate: $100,000A;? Projected Cap Rate (Post-Rehab): 13.2%A;? Projected NOI: $18,480/yearA;? GRM (Post-Rehab): 4.2 - Incredible Deal!A;A;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!A;A;?? Call/Text Today for More Details! Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Prime Real Estate & Associates.
Listing Snapshot
Days Online
41
Last Updated
Property Type
Residential
Beds
3
Full Baths
2
Square Ft.
1,601
Lot Size
0.15 Acres
Year Built
1880
MLS Number
20250018834
30 Days Snapshot Of 48503
$95k
-7%
(avg) sold price
18
-25%
homes sold
131
+104%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
1,601 total square feet, 1,601 combined square feet, 961 total basement square feet, Built in 1880, Architectural style: Split Level, Bi-Level, Metal Siding, Shingle Siding
Exterior Features
Fenced
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
No Garage, Garage?: 0
Water Features
Public (Municipal), Water at Street
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.15, Lot size dimensions: 49.50 x 132.00
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