COSMETIC FLIP IN ROMULUS WITH VERY STRONG COMPS

Wayne County, Romulus, MI, 48174
Sold
Listed at: August 8th, 2024
Price
$172,500
ARV
$255,000
Gross Margin
$82,500
Sq. Footage
1344
Type
Single-Family
Parking
Attached Garage
Year build
1999
Lot size
0.19 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

Attention Investors loking to pick up a quick fix and flip or fantastic buy and hold! This property will only need some quick cosmetic fixtures. key features include:

-3 bedrooms 2 bathrooms 1344 sq ft 

-year built 1999

-oversized lot

-2 car attached garage

-Property is in great shape needs a lipstick rehab and a trash out

-Estimated rehab $20,000 (updates and trash out)

-roof in good shape around 10 years old

-HVAC is 6 years old

-water tank 2 or 3 years old

-sump pump has new motor

-Comps for similar properties range from $250k-$275k

-Rental estimate $1,650 per month

-Property is seller occupied but will be vacant upon closing

-Must Close august 27th or sooner!

-Only Asking $174,999

ARV $255,000

🔥Contact me today at (586)556-1365 to set up a walk-through and to submit your highest and best offer🔥

BUYERS ARE REQUESTED TO DO THEIR OWN DILIGENCE ON THIS PROPERTY. YOU MUST VERIFY ALL INFORMATION PROVIDED INDEPENDENTLY.

● Buyer pays all closing costs

● Get in touch with us now!

Earnest Money Deposit (EMD) must be wired to the Title Company within 1 day of Contract signing.

Closing Costs: End Buyer will pay all closing costs and will be outlined on the final settlement statement of the deal

 

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

Dominic Lafata

No reviews

Disposition manager