Wholesale Price $119,900 (Buy-It-Now $130K)

ARV $250k (by independent appraisal on 8/11/22)

This 5 Bedroom 2 Full Bathroom 2-Story home has tremendous upside potential. Fix and Flip for a tidy profit, or would make a great STR with a game-room in the garage and sleeping 10 comfortably!! This house is in one of the BEST neighborhoods in Kalamazoo and super convenient to airport, downtown, the hospital, WMU, I-94, and more. This Millwood home boasts plenty of space, nice back yard, and 2-car detached garage.

Highlights:

• "Appraisal ARV" by Independent Appraiser = $250K (see report under "Documents")
• STR Potential - (See AirDNA Rentalyzer under "Documents" section) | $68K Annual Projected Income | $267 ADR @ 70% Occupancy | 5 Bed/2 Bath/Sleeps 10
• Coveted Millwood neighborhood
• Convenient to airport, downtown, hospital, Portage & Sprinkle Roads, I-94, & AirZoo Museum
• New Roof (~2020-2021)
• 2-Car Detached Garage
• Beautiful Fireplace

Review of Systems:

• Roof is new in 2020/2021 - dimensional
• Heating - Boiler/Radiant
• Cooling - None currently
• Water Heater - Reported Functional - but End-of-Life
• Electric - Updated 100A Panel
• Plumbing - Mix of Copper & Galvanized

Special Note: Submit your "Soft" offer by clicking the button above. Offers will be reviewed within 24 hours and we'll call you to schedule walk-through or provide lockbox code. The "WIN IT NOW" feature secures the deal and prevents acceptance of another offer. Upon offer acceptance, a Purchase Agreement will be sent for electronic signature and EMD shall be wired/dropped off with Title Company within the next business day.

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