$1,650,000 New For Sale

13366 North Rd
Fenton, MI 48430

Multi Family Home - MLS# 20251059537
Property Photo
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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

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Genesee County
  • Zip Code: 48430
  • Year Built: 1972
  • Subdivision/Neighborhood: Fenton Twp
  • School District: Lake Fenton
  • Basement: Slab
  • Basement Type: No
  • Construction Materials: Aluminum Siding, Brick
  • Cooling: Wall Unit(s)
  • Directions: Corner Of North Rd & Rolston Rd On SW Corner.
  • Extras: Laundry Facility
  • Gross Income: 157800
  • Heat Source: Electric
  • Heating: Baseboard
  • MLS Area Major: Genesee County - 10
  • MLS Area Minor: Genesee County - 10
  • Main Type: Multi Family
  • Parcel Number: 0615400026
  • Road Frontage: 313
  • SEV: 499500
  • Street Type: Paved
  • Tax Annual Amount: 1797100
  • Tax Legal Description: A PARCEL OF LAND BEG AT THE INTERSECTION OF THE CENTERLINE OF ROLSTON RD AND W ROW LINE OF NORTH RD TH S 88 DEG 57 MIN 03 SEC W 188.75 TH S 1 DEG 34 MIN 57 SEC E 250 FT TH S 88 DEG 57 MIN 03 SEC W 80 FT TH S 1 DEG 34 MIN 57 SEC E 50 FT TH N 88 DEG 57 MIN 03 SEC E 359.9 FT TH NLY 313.72 TO POB SE 1/4 SEC 15 T5N R6E (--/19/24)
  • Total Approx Sq Ft All Bldgs: 5184
  • Total Num Units: 12
  • Township: Fenton Twp
  • Util Availat Street: Public Sewer
  • Water Source: Well
Courtesy of Natalie Marginet, Keller Williams Advantage
Source: Michigan Regional Information Center (MichRIC)
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