Fix and Flip Opportunity
Purchase Details:
Asking Price: $20,000 + CC + TC Fee
Closing Date: On or around March 19th
Property Details:
Beds: 3
Baths: 1
Size: 976 sq. ft.
Lot Size: 7,500 sq. ft.
Year Built: 1950
AS-IS Comparables (Soonest Sold):
326 W Frederick Ave, Lansing, MI 48906 (0.3 miles away): Sold for $140,000 on 8/30/2024 (3 beds, 1 bath, 964 sq. ft.)
516 Hylewood Ave, Lansing, MI 48906 (0.4 miles away): Sold for $112,000 and pending as of 2/17/2025 (2 beds, 1 bath, 1,012 sq. ft.)
Highlights:
Affordable entry point with excellent ROI potential
Customize a perfect turnkey rental for Section 8 ($1465 per Huduser.gov)
Blank canvas ready for investor touch
Neighborhood Perks:
Close to local schools, parks, and shopping centers
Easy access to major highways and public transportation