$60,000
$69,900
14.2%For more information regarding the value of a property, please contact us for a free consultation.
321 S ELM Street Lapeer, MI 48446
2 Beds
1 Bath
842 SqFt
Key Details
Sold Price $60,000
Property Type Single Family Home
Sub Type Ranch
Listing Status Sold
Purchase Type For Sale
Square Footage 842 sqft
Price per Sqft $71
Subdivision City Of Lapeer Turrill Add
MLS Listing ID 20230100093
Sold Date 12/13/23
Style Ranch
Bedrooms 2
Full Baths 1
HOA Y/N no
Originating Board Realcomp II Ltd
Year Built 1945
Annual Tax Amount $1,371
Lot Size 0.330 Acres
Acres 0.33
Lot Dimensions 60.00 x 120.00
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!
Location
State MI
County Lapeer
Area Lapeer
Direction Saginaw st to Elm to house
Interior
Heating Wall/Floor Furnace
Fireplace no
Heat Source Natural Gas
Exterior
Garage Description No Garage
Road Frontage Paved
Garage no
Building
Foundation Crawl
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Ranch
Warranty No
Level or Stories 1 Story
Structure Type Vinyl
Schools
School District Lapeer
Others
Tax ID L214270104000
Ownership Broker/Agent Owned,Short Sale - No
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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