🎯Ready to go clean Craftsman - great location and instant equity💲💲

Lenawee County, Adrian, MI, 49221
Sold
Listed at: June 27th, 2024
Price
$75,000
ARV
$135,000
Gross Margin
$60,000
Sq. Footage
1335
Type
Single-Family
Parking
Detached Garage
Year build
1904
Lot size
0.23 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

🏡🔥Cute and  Super Clean Craftsman - Close to town and Colleges🔥🏡

Instant equity, on a sizeable lot - currently rented (month to month)

Perfect for buy and hold, clean and list, or super light flip. 

Property Details:

✅Craftsman ranch 

✅3 Bed

✅1 Bath

✅Large 2+ car detached garage with side entrance - great condition(door+inside)

✅1335 sq. ft.

✅Large open concept living spaces flow into dining and kitchen

✅Craftsman wood details in great condition

✅Updated flooring in great condition

✅Main floor laudry

✅Roof in good condition

✅Mechanicals (electric, plumbing, radiant heat/boiler, water heater work with no noted problems)

✅Foundation is solid, basement has 2 sumps - 1 of the sumps just replaced.

 

💥Rented ($675) way under market rents ~$1300

💥(ARV ~$135k+ light flipped, ~100/110k right now)

 

COMPS

PENDING $145,000733 Oak St., Adrian, MI 49221 - 3 bed, 1 bath 1230 sq. ft.

SOLD$144,000637 Oak St., Adrian, MI 49221 - 3 bed, 1 bath 1200 sq. ft.

SOLD $125,000 611 James St, Adrian, MI 49221 - 4 bed, 1 bath 1209 sq. ft.

SOLD $91,000 213 Jordan, Adrian, MI 49221- 3 bed, 1 bath 897 sq. ft.

SOLD $80,000 651 French, Adrian, MI 49221 - 3 bed, 1 bath 858 sq. ft.

SOLD $112,000 111 N McVicar St, Adrian, MI 49221 - 2 bed, 1 bath 780 sq. ft.

 

 

📞Reach(call/text) out for more info/to secure this property!

616.287.4033

💻Email: eric@frontierahomes.com

Disclaimer: *We hold the assignable contract and would be assigning our equitable interest to an end buyer. Buyer is to pay ALL closing costs. Buyers should do their own due diligence when evaluating the property. No representations written or oral are made concerning the property above. Frontiera Homes LLC members or employees make no guarantee concerning condition, value, characteristics or financial benefit of the property. Price is based on cash or hard money offer and is net to seller. All offers require a $3,000-5,000 non-refundable security deposit. Estimated rehab and after repair value (ARV) mentioned above are estimates only. Buyer should verify their own renovation numbers and dollar amounts.*
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Eric Frontiera

No reviews

Disposition manager