Opportunity in Fenton MI

[Sawyer Scott]

*FOR SALE on assignment*

Hickory Street, Fenton, MI 48430

3 bed/ 2 bath

2 car detached garage

1525 sqft on 1/3 acre lot

Great opportunity just off the beautiful trending downtown strip in Fenton. Located on a quiet peaceful drive this home is walking distance to all the great restaurants, boutique shops, parks, and lakes. 3 bed, 2 bath house on a large lot with a detached garage. Owner has already made major improvements including new furnace & central air, roof, whole house generator, siding, gutters, and more. Great opportunity for fix and flip or BRRRR / short term vacation rental.

Comps for other 3 bed/2 bath homes with similar square footage in the area sold within the last few months are nearly $300k.

ARV of $250k+ (depending on reno, could be much higher)

Repair cost of roughly $32k

Flip Profit: $45k+

Asking $160k cash only