ARV 415K, Repairs 165K, Asking 119K

[Tom Robinson]

Blank sleight bungalow home in Union Pier, MI. 2,072 SF (or 2,380 SF if you do a dormer on one side), West of Red Arrow Hwy home. SUPER CLOSE to lake MI. THE Chicago vacationers dream town. Home needs a lot of work... but has GREAT numbers to work with. Numbers below based on adding a new dormer with 4/3 configuration:

ARV: $415,000+
Repairs: $165,000
Asking: $119,000

Sold comps:

12/22/17
16039 Greenwood Ave 3/2 1,247SF Sold: $340,000 ($273/SF)
https://www.redfin.com/MI/Union-Pier/16039-Greenwo...

12/11/17
9669 Greenwood Ave 4/2.5 2,429SF Sold: $525,000 ($216/SF)
https://www.redfin.com/MI/Union-Pier/9669-Greenwoo...
*** THIS HOME IS ADJACENT TO RED ARROW HWY***

6/26/17
9897 Nolan Ave 4/2 1,893SF Sold: $475,000 ($243/SF)

5/26/17
9854 Nolan Ave 2/2 1,100SF Sold: $400,000 ($348/SF)
https://www.redfin.com/MI/Union-Pier/9854-Nolan-Av...


Active homes in the neighborhood (at time of this post):

9720 Woodlawn Ave 3/2, 1,435SF Asking: $449,000 ($313/SF)
https://www.redfin.com/MI/Union-Pier/9720-Woodlawn...
*** THIS HOME IS ADJACENT TO RED ARROW HWY***

9891 Greenwood Ave 2/1.5 900SF Asking: $320,000 ($356/SF)
https://www.redfin.com/MI/Union-Pier/9891-Greenwoo...

Great opportunity to flip or keep in your portfolio. Give Tom a call, text or email today! 
574.383.7880
[email protected]

The only reason I am selling it is that I am waiting for another home to sell before my cash opens up to do it. Once that home sells... this will be my next project. Grab this home today before I flip it myself.

Keywords:

as-is, as is, Cash, Motivated, Flashlight, Handyman