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Scott Hutchison

scott@web-homes.net +1(616) 291-0440

$ 100,000

Est. payment | -/mo

3 Beds

1 Bath

960 SqFt

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$ 100,000

Est. payment | -/mo

Save

3 Beds

1 Bath

960 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 960 sqft

Price per Sqft $104

Municipality Lapeer Twp

Subdivision Lapeer Twp

MLS Listing ID 50221483

Bedrooms 3

Full Baths 1

Year Built 1900

Lot Size 0.460 Acres

Acres 0.46

Lot Dimensions 100x197

Property Sub-Type Single Family Residence

Source MiRealSource

Property Description

Opportunity awaits at 2671 Fish Lake Rd in Lapeer! Priced at just $100,000, this 3-bedroom, 1-bath home is ready for someone with the vision to bring it back to life. Whether you're an investor looking for your next project, a handyman searching for an opportunity to build some sweat equity, or a buyer who isn't afraid to take on a renovation, there is plenty of potential here. The home will need some updating, and the septic system is currently not functioning and will need to be repaired or replaced. The condition has been taken into consideration with the asking price, giving the next owner an opportunity to make the improvements and updates themselves rather than paying for someone else's renovation. Based on recent comparable sales in the immediate area, the estimated after-repair value (ARV) is approximately $215,000-235,000, depending on the quality and extent of the renovations completed. With a $100,000 asking price, that leaves plenty of room for the right buyer to make the necessary improvements and potentially build significant equity. With three bedrooms, a manageable footprint and a nearly half-acre lot, there is a solid foundation here to work with. Bring your tools, your ideas and your imagination. If you've been looking for a project where the numbers may actually make sense, this one is worth a look.

Location

State MI

County Lapeer

Rooms

Basement Crawl Space

Exterior

Parking Features Attached

Garage Spaces 2.0

View Y/N No

Garage Yes

Building

Sewer Septic Tank

Structure Type Aluminum Siding

Schools

School District Lapeer

Others

Tax ID 014-101-025-00

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Real Estate One Port Huron

NEARBY SCHOOLS & PROPERTIES

“Part of my Job as Your Real Estate Expert is to protect you from the incompetency that runs rampet in our industry”

+1(616) 291-0440

scott@web-homes.net

8 N. Bridge Street Suite 104B, Rockford, MI 49341, United States

2671 Fish Lake Road Lapeer, MI 48446

Scott Hutchison

Key Details

Location

Rooms

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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2671 Fish Lake Road