321 S Elm St, Lapeer, MI 48446

$60,000
2
BD
1
BA
842
SqFt

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Sold Price
$60,000
List Price
$69,900
Closing Date
Dec 13, 2023
MLS#
20230100093
Status
CLOSED
Bedrooms
2
Bathrooms
1
Total Square Footage
842
Subdivision
CITY OF LAPEER TURRILL ADD

Property Description

ACCEPTING BACK UP OFFERS ONLY AT THIS TIME...... PLEASE NOTE:------ALL BUYERS ARE REQUIRED to pay a 3% commission fee to the Seller for the Buyers portion of real estate agent services they receive but Seller is expected to pay for. However Seller is willing to offset the buyers 3% commission by paying 3% of buyers costs for all offers of $69,900 or higher. Great opportunity on this foreclosure. It ain't in the best of condition but it would not take much to get in a condition to live in or rent it out and earn $$. Would make a great rental home due to the long term cash flow that you can generate on a low price rental home like this. You could even fix and flip too or even remodel and live in as your primary home. Get out of those Trailer Parks which are just a poverty trap--they lock you into a lifetime of increasing lot rent. Build real wealth with this home because you own the land too! Home is sold AS-IS with no repairs made by Seller. Cash offers only at this time. Last sold in 2021 for $95,000. It appears someone attempted some remodeling and stopped midway. Repair issues of note...a second layer of thin OSB was added to subfloor and is loose in several spots. The drywall job was obviously done by an amateur too. You can make this home yours at an incredible value. Electric and water are on and operational. Wall furnace appears to be a mini split that would offer heating and A/C but Seller has no knowledge about this heating and cooling unit. Rest of the home's condition is unknown by Seller. With every other house out there priced $150 or higher what a great chance this is. Don't wait Call NOW!

Additional Information

Year Built
1945
Foundation
Crawl Space
Acres
0.33
Style
Ranch
Acres
0.33
School District
Lapeer
Heating
Natural Gas, Wall Furnace
Garage Description
None

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Calculator source: Real Geeks

Courtesy of Realty Volution.com 8106641819

Selling Office: Realty Volution.com.

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