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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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13366 North Rd , Fenton, MI 48430
$1,551,000
Est. Payment: $3,446.67/mo
0 Bed
12 Bath
0 Sqft
Status: Active | Days on site: 127
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House 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

Highlights

Listed by Natalie Marginet , Keller Williams Advantage , 248-380-8800.

Property Type

Multi-Family

Year Built

1972

County

Genesee

Neighborhood

Fenton Twp

School District

Lake Fenton

Listing ID

20261034106

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:12
  • Full Bathrooms:
Air Cond:Wall Unit(s)
Fireplaces:
Basement:Slab
Water:Well

Exterior Features

Principal Interest
$3,447
Taxes
$1,479

Home Price

$1,551,000

Loan Details

30 yrs
%

Down Payment

20%
$310,200
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Monthly Price:
$3,446.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,446.67 $1,479.14 $0.00 $4,925.80
Yearly $41,360.00 $17,749.63 $0.00 $59,109.63
Total $1,240,800.00 $532,488.90 $0.00 $1,773,288.90

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Fenton, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.