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About the Listing 375382 - 423932
Calling all investors, rehabbers, contractors and cash buyers! Here's an opportunity to pick up a 3-bedroom, 1-bath Pontiac property for only $20K with significant value-add potential. The home offers approximately 1,034 sq. ft. on a 0.26-acre lot and has already been gutted down to the studs. Much of the demolition is complete, giving the next investor a blank canvas for a full renovation. DEAL SNAPSHOT Purchase Price: $20,000 Estimated ARV: Approx. $170,000 Gross Spread Before Rehab & Expenses: $150,000 3 Bedrooms | 1 Bathroom Approx. 1,034 Sq. Ft. Approx. 0.26-Acre Lot Full Gut Rehab THE OPPORTUNITY This is not a cosmetic rehab. The property requires a substantial renovation and is best suited for an experienced investor or contractor. Potential strategies include: Fix & Flip BRRRR Renovate & Hold Long-Term Rental At a $20,000 acquisition price, investors have considerably more room to account for renovation and carrying costs while working toward the property's projected finished value. Property sold strictly AS-IS. Seller will make no repairs. Cash or appropriate investor/renovation financing preferred. Buyer and buyer's agent to independently verify all information, including property condition, square footage, lot dimensions, taxes, utilities, zoning, permits and renovation requirements. Estimated ARV is provided for investment analysis purposes only and is not a guarantee of appraisal, resale price or investment return.
Listing Highlights
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full
- Appliances:
- Air Cond:
- Heating: Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1034
- Below Ground Sq Ft: 836
- Basement: Unfinished
- Other: 2 Story,Ground Level w/Steps,Forced Air,1.5 Car
- Water: Public (Municipal)
Exterior Details
- Garage Capacity: 1 car
- Lot Dimensions: 94.2X120
- Roof:
- Others: Vinyl,Paved
- Sewer: Sewer (Sewer-Sanitary)
- Parking Features: Detached
Financial Details
- Tax Amount: $788
- Taxes w/Assessments: N/A
- Tax/Property ID: 1432108020
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
138 Palmer St Pontiac, MI 48341
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