Highlights: 4-Bed/1.5-Bath single-family home with great Cash-on-Cash return as a rental (10%+); Could be flipped with a tight budget; House backs up to the Ionia walking trail and a quick walk to downtown; Large living spaces; Spacious bathroom upstairs; Newer roof; Newer furnace and hot water heater; 1-car garage; Tenant currently in the process of vacating.
Wholesale Price: $59,900
Repair Estimate: $20,000-$25,000
We hold the assignable contract. This will be sold on warranty deed. $59,900 is the buy-it-now price, meaning we will not accept a higher bid once the buy-it-now price has been met by the first party to pay $2,500 earnest money deposit. Cash or hard money only, property sold in as-is condition.