Property Description:
LIGHT REHAB OPPORTUNITY IN EAST JORDAN, MI (LOW HOUSING SUPPLY) WITH HUGE RETURNS!
ASKING: $250,000.00
??PHOTOS ABOVE AND MORE UPON REQUEST??
Property Details:
📍 City: East Jordan
🌆 County: Antrim
🏡 Property Type: Single-Family
🛖Two outhouses included!
🛏? Bedrooms: 5
🛁 Bathrooms: 4
📏 Square Footage: 1930
?? Lot Size: 9.5 acre lot
📅 Year Built: 1985
Pricing Details:
💵 Asking Price: $250,000
💰 Minimum EMD: $5,000
Deal Details:
🔨 Light rehab to complete the flip.
- Owner is a licensed contractor and has been completing the work throughout the house.
- Furnace is provided, in the home, but not hooked up to the ducts.
- Ducts are in a large 4' crawlspace under the home.
- Attic drywall and insulation needs to be completed.
- One bathroom needs to have a tub insert and tiles completed.
- Trim and paint needs to be added in different areas of the home.
- Roof was repaired in the last couple of years.
- Two additional outhouses come with the purchase of the property.
- Garage has a garage door and entry door. Garage door works, but is missing a couple of rollers.
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We are working with multiple local realtors that are ready to list, after the rehab, and have provided CMAs and estimates stating the property could sell for $350k+ after about $15k in rehab, and will sell in under 60 days.
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There is a low housing supply in East Jordan and homes are selling in under 60 days after listing.
The shutdown of a local factory has created a rennaissance effect in East Jordan.
Properties are scarce and the supply remains tight creating a competitive market for sellers.
This property backs up into 44 acres of State-owned land, separated by a creek that has the infrastructure started to build a walking bridge for access.
This home would be a great quick and easy rehab and list.
📞FOR MORE DETAILS PLEASE
CONTACT US @ (947) 236-3066📞
DISCLAIMER:
1. YOU MUST VERIFY ALL INFORMATION PROVIDED INDEPENDENTLY: Any estimates, information provided, or photographs/video showing the condition of the property are for your convenience only. Any information regarding specifications, characteristics, or condition of this property, neighborhood, or investment strategy (including, but not limited to, estimated rehab costs, as-is property square footage measurements, or proposed expansion through construction) is an unverified assumption of the company or its affiliates based on limited information and must be verified independently for accuracy. Company and its affiliates assume no liability whatsoever for the accuracy of any estimates, information, or photo/video provided. Buyer is required to conduct their own due diligence.
2. NO UNACCOMPANIED ENTRY OF PROPERTY: Broker and its affiliates do not give you authority, express or implied, to enter or access this property unaccompanied. Access to the property may only be obtained through scheduling a property inspection with Company.
3. NON-REPRESENTATION: Company and their affiliates DO NOT represent you.
4. You may not copy, store, distribute, display, modify, create derivative works, sell, or transmit any part of this content without prior written permission of Company.
5. Please Note:
Buyers pay all closing costs.
We are not a licensed contractor or appraiser.
This is an assignable purchase agreement that allows us to purchase the property listed below, not the property itself. If you are interested in this assignable purchase agreement, please contact us.