βœ¨πŸ“ˆ Investor Special on 4+ ACRES πŸ“ˆβœ¨ in Coldwater, MI

Branch County, Coldwater, MI, 49036
Sold
Listed at: August 15th, 2023
Price
$89,900
ARV
$230,000
Gross Margin
$140,100
Sq. Footage
1800
Type
Single-Family
Parking
Off street
Year build
0
Lot size
4.10 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

πŸ“Œ Address: 425 W Colon Rd. Coldwater, MI 49036


PLEASE READ:

No wholesalers or daisy chains

Verbal offer & POF required to inspect

Cash offers only


🏠 Single Family Residential

πŸ›Œ Beds: 3

πŸ›€ Baths: 1

✨ Sq Ft: 1800

🧱 Built: unknown

πŸ‘¨β€πŸ‘©β€πŸ‘§ Current Occupancy: Owner Occupied

πŸ‘©β€πŸ‘§β€πŸ‘¦ Occupancy at Close:  Vacant

πŸ’Έ Ask Price: $89,900 

πŸ’£ Market Rent: $1,200+

πŸ”¨ Repairs: $60,000 - $70,000 depending on exit strategy


🌟 More Info 🌟

  • Roof: No leakage. Half of the roof was replaced about 5 or 6 years ago.
  • Foundation, Half Basement, Half Crawl Space - No issues
  • The 1-Car garage needs to have the fascia board replaced
  • Needs a couple new windows
  • The siding and soffits need to be replaced.
  • Electrical - Needs to be brought up to code.
  • Plumbing- has 1/2 copper tubing and some has split and needs to be replaced
  • Bathroom: needs new sink and shower
  • AC/Heat- Fuel Oil Burning Furnace. Window AC
  • No signs of Termites


Call or text Ryan at (856) 723-4501 for more info before this deal sells!



❗ IMPORTANT ❗ The below terms are NON-NEGOTIABLE. Bowen Capital is a professional disposition company that will enforce the following conditions:

  • $5,000 non-refundable EMD
  • Buyer to pay all standard closing costs
  • Cash, hard money, or private money only
  • Closing to be with Bowen’s preferred attorney
  • No JVing - This deal is NOT to be marketed elsewhere
  • Any commission is to be added ON TOP of asking price


DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving Bowen Capital exclusive rights to purchase the property. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.


 πŸ’²Need Financing? πŸ’²

Apply Here: https://coastalequitygroup.com/apply-for-loan/
(Tell Kent that Bowen Capital sent you!)


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

Chris Prophater

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Disposition manager