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Grosse Pointe Farms, MI

Grosse Pointe Farms, MI

Grosse Pointe Farms, MI

$195,000 · GROSSE POINTE FARMS, MI 48236
Works for flippers · Landlords would lose money

Available

$195,000Asking price

2 bd · 1 ba · 1,202 sq ft · built 1951

GROSSE POINTE FARMS, MI 48236

No contract on file

via InvestorLift Classic

1 view · listed Oct 15

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $350,000
Asking price: −$195,000
RepairsMiddle of the seller’s $35,000 – $60,000. Ours: $18,000 – $37,500: −$47,500
Loan, holding, closing20% down, 12% interest, 2 points, 79 days: −$23,522
Profit24.0% of ARV · flippers want 10%+: $83,978
Works

Works for a flipper up to $240,000.

THE DISPO TEAM

Alon Daniels

No reviews yet

Comps

Sales

Rents

ARV $350,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

THE DISPO TEAM

Alon Daniels

No reviews yet

Seller Description

Grosse Point Farms / Detroit Fixer Upper | Renovated next-door neighbor sold for $362,500!

Property Details

2 Beds / 1 Bath (Potential for 3rd bedroom)
Living Area: 1202sqft
Lot Size: 6011 sqft
Year Built: 1951

Condition

Needs new driveway, cosmetic, gutters, garage door, doors
New AC & Furnace, Newer Roof
Click For pictures

Deal Terms

Starting Price: $195,000
EMD: $10,000
COE: 12/1/2026
TC Fee: $1,500
Occupied, vacant at close. Do not distrub occupants!

For more info: Call Al (407) 545-4355 or Matt - (386) 777-2766

More About This Property

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ARV $350,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $293,000.

The sales behind this value are shown to members.

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Investorlift
MI
Grosse Pointe Farms
48236
GROSSE POINTE FARMS, MI 48236

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