13366 North Rd, Fenton, MI 48430

$1,551,000
12
BA
5,184
SqFt

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List Price
$1,551,000
Status
ACTIVE
MLS#
60992253
Year Built
1972
Bathrooms
12
Living Area
5,184
Municipality
Fenton Twp
Region
Fenton Twp
Township
Fenton Twp

Property Description

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 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 two-bedroom units (825 SF each), with 10 of 12 units recently upgraded with granite countertops, stainless-steel appliances, and modern finishes. Currently operating at 100% occupancy, North End Apartments offers 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. With proximity to major employment hubs in Flint, Brighton, and Ann Arbor via U.S. Highway 23, the asset benefits from exceptional accessibility, a strong tenant base, and consistent leasing demand. This makes North End an ideal fit for investors seeking a stable, income-producing property with clear value-add potential in one of Genesee County's most desirable submarkets

Additional Information

Lot Dimensions
313 x 268 x 188 x 339
Heating
Baseboard, Electric
Cooling
Wall/Window Unit(s)
Basement
Yes
Basement Description
Poured
Appliances
Electric Water Heater
Sewer
Public At Street
Foundation
Slab
Water
Private Well
School District
Lake Fenton Schools

Mortgage Calculator

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Calculator source: Real Geeks

Listing Courtesy of Keller Williams Advantage, Office Phone: 248-380-8800

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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.