🔥 NEW DEAL🔥 Kalamazoo MI 49001 🔥 UNCOMPLETED FIXER-UPPER 💰 Asking $50k 💰RENTS $1400 A MTH💰See VIDEO Walkthrough in Description ⬇️⬇️

Kalamazoo County, Kalamazoo, MI, 49001
Sold
Listed at: October 22nd, 2023
Price
$50,000
ARV
$170,000
Gross Margin
$120,000
Sq. Footage
1155
Type
Single-Family
Parking
Street
Year build
1911
Lot size
0.13 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

Welcome to this promising investment opportunity, a 3-bedroom, 1-bathroom home in fair condition with significant potential. Located in a desirable neighborhood, this property offers several attractive features for the savvy investor.

Property Details:

  • 3 bedrooms and 1 bathroom
  • Fair condition with well-maintained roof, foundation, and walls
  • Unfinished basement with potential for expansion or additional living space
  • The bathroom features tile, while other living areas are covered with linoleum and part of the main floor boasts beautiful hardwood flooring
  • The neighborhood is complemented by a brand new police/fire station for enhanced safety and security
  • Neighbors in the area take pride in maintaining their properties, contributing to a pleasant and appealing atmosphere
  • Conveniently situated within walking distance of a main road hosting a variety of restaurants
  • Local schools are nearby, adding value to the property's potential appeal for families

Investment Opportunity: This property is an excellent investment opportunity, but it requires some attention to reach its full potential. Renovation and improvements are needed, including but not limited to:

  • Fresh paint throughout the interior
  • Replacement or repair of flooring
  • Drywall patching and repairs
  • Replacement of two windows
  • Installation of new appliances
  • Remodeling of both the bathroom and kitchen areas

With these improvements, this property can be transformed into a comfortable and modern living space, making it a valuable addition to your investment portfolio. The location, neighborhood, and the potential for added value through renovation make this property an attractive prospect for those looking to maximize their real estate investments. Don't miss the opportunity to turn this diamond in the rough into a shining gem in a highly sought-after location.

Videos

Video Walkthrough

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Kevin Kist

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Disposition manager