27
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$100,000
Est. payment /mo
3 Beds
1 Bath
960 SqFt
New
2671 Fish Lake Road Lapeer, MI 48446
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 960 sqft
Price per Sqft $104
Municipality Lapeer Twp
Subdivision Lapeer Twp
MLS Listing ID 50221483
Bedrooms 3
Full Baths 1
Year Built 1900
Lot Size 0.460 Acres
Acres 0.46
Lot Dimensions 100x197
Property Sub-Type Single Family Residence
Source MiRealSource
Property Description
Opportunity awaits at 2671 Fish Lake Rd in Lapeer! Priced at just $100,000, this 3-bedroom, 1-bath home is ready for someone with the vision to bring it back to life. Whether you're an investor looking for your next project, a handyman searching for an opportunity to build some sweat equity, or a buyer who isn't afraid to take on a renovation, there is plenty of potential here. The home will need some updating, and the septic system is currently not functioning and will need to be repaired or replaced. The condition has been taken into consideration with the asking price, giving the next owner an opportunity to make the improvements and updates themselves rather than paying for someone else's renovation. Based on recent comparable sales in the immediate area, the estimated after-repair value (ARV) is approximately $215,000-235,000, depending on the quality and extent of the renovations completed. With a $100,000 asking price, that leaves plenty of room for the right buyer to make the necessary improvements and potentially build significant equity. With three bedrooms, a manageable footprint and a nearly half-acre lot, there is a solid foundation here to work with. Bring your tools, your ideas and your imagination. If you've been looking for a project where the numbers may actually make sense, this one is worth a look.
Location
State MI
County Lapeer
Rooms
Basement Crawl Space
Exterior
Parking Features Attached
Garage Spaces 2.0
View Y/N No
Garage Yes
Building
Sewer Septic Tank
Structure Type Aluminum Siding
Schools
School District Lapeer
Others
Tax ID 014-101-025-00
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Real Estate One Port Huron
NEARBY SCHOOL & BUSINESS
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