Traverse City, MI Huge spread Investment property Available now!💰

Grand Traverse County, Traverse City, MI, 49686
Sold
Listed at: January 23rd, 2023
Price
$149,900
ARV
$275,000
Gross Margin
$125,100
Sq. Footage
1148
Type
Single-Family
Parking
Attached Garage
Year build
1973
Lot size
0.83 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

3 Bed/1.5 Bath. 1148 Sq Feet. .83 acre lot


  • Septic and city water.
  • New roof last year.
  • New furnace in 2019.
  • Subfloor is starting to rot in a few spots of the property.
  • Septic may need to be looked at - backs up fairly quickly (could be something with the drain line)
  • Electrical in good condition and no foundation issues.
  • Window A/C's - there is a central air unit but they've never used it.


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Exact same comps on the same road:


https://www.zillow.com/homedetails/766-E-South-Airport-Rd-Traverse-City-MI-49686/77792712_zpid/ (3 Bed/1 Bath. 1241 Sq Feet. EXACT comp of ours and only two houses down. Fully updated - sold for 275k two weeks ago)


https://www.zillow.com/homedetails/646-Amy-Ave-Traverse-City-MI-49686/77792822_zpid/ (3 Bed/ 1 Bath. 1608 Sq Feet. Another exact comp of ours except this ones extremely dated through out. Sold for 270k)


Asking price: $149,900

ARV: $275,000 💰



All offers will be considered.


Call David at 512-980-1040 if interested!

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

David Comstock

★★★★★
★★★★★
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Disposition manager