Welcome to North Road Apartments, a stabilized 12-unit multifamily community located at 13366 North Road in Fenton, Michigan. North End consists of three well-maintained, two-story apartment A;buildings situated on 1.7 acres in desirable Fenton Township. The property features an attractive mix of three one-bedroom units (750 SF each) and nine… Read More two-bedroom units (825 SF each), with 10 of 12 units recently upgraded with granite countertops, stainless-steel appliances, and A;modern finishes. Currently operating at 100% occupancy, North End Apartments offers A;immediate cash flow and excellent upside through continued rent growth and ongoing expense optimization. Recent performance shows strong rent increases and reduced vendor costs, positioning the property for meaningful NOI growth over the next three years. A;With proximity to major employment hubs in Flint, Brighton, and Ann A;Arbor via U.S. Highway 23, the asset benefits from exceptional accessibility, A;a strong tenant base, and consistent leasing demand. This makes North A;End an ideal fit for investors seeking a stable, income-producing property A;with clear value-add potential in one of Genesee County's most desirable A;submarkets Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Keller Williams Advantage.
Listing Snapshot
Days Online
2
Last Updated
Property Type
Multifamily
Square Ft.
5,184
Year Built
1972
MLS Number
20251059537
30 Days Snapshot Of 48430
$400k
+17%
(avg) sold price
29
-29%
homes sold
70
+18%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Basement?: 0
Building
12 total units, 12 leased units, 3 one-bedroom units, 9 two-bedroom units, Built in 1972, Remodelled in 2019, Architectural style: Upper/Lower Apartment, Aluminum, Brick, 5,184 total square feet, 5,184 combined square feet, Unit count: 12
Cooling
Wall Unit(s)
Fireplaces
Fireplace?: 0
Foundation
Slab
Garage
Garage?: 0
Water Features
Electric, Well (Existing)
Heating
Baseboard, Electric
Interior Features
Laundry Facility
Lot
Lot size dimensions: 313x268x188x339
Miscellaneous
Gross scheduled income: $157,800, Income projection: Actual, Monthly rental income: $13,150, Net operating income: $117,056
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