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!
1,601 Sq Ft
6,534 Sq Ft Exterior Space
Single Family Home
$1,633 Annual Tax
Built in 1880
MLS/Listing ID 20250018834
Fenced
Backyard
Construction - Shingle Siding
Construction - Metal Siding
Style - Split Level
Parking - No Garage
Block
Basement
BLADIMYR ARANDA - 810-458-4848
Source of Data: REALCOMP