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Archived over 4 years ago

$8,500

2 bd 1 ba 770 sqft

1055 E. Pine Street, Mount Morris, MI 48458

Residential SFR Needs Repairs Off MLS

Current Rent **

N/A

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Handyman Special Only $8,500

Handyman Special! Attention contractors/investors this is a Cheap Single-Family Home located at 1055 E. Pine Street, Mount Morris, MI 48458 formally was a 2 Bedroom and 1 Bath home with a living space of Approx. 770 Sq. ft. Property Lot Size is Approx. 5,800 Sq. Ft. This home features a covered front porch, nice size leveled yard, and hardwood floors throughout the home. Built 1935 this home will need some form of updating/repairs of which our office does not assess. All wholesale assets are sold as is, where is, of course. This property just came out of foreclosure and is being Offered at Only $8,500! There is a Dirt driveway on left hand side leading to a 1 Car Detached Garage perfect for off street private parking and added storage. This home is located in the Heart of Town just off N. Saginaw Rd, close to Parks, eateries, having easy access to major highways like Rt 475, and much more amenities in an area like this one!
Property Source has a private party that offers a No questions asked finance program with No Interest offered to Anyone with No Credit check No Income check. All that is needed to qualify is a minimum 50% down payment and your approved. It's that Simple! Priced at $9,900. Cash buyers received discounted price of $8,500. This asset company has over 70 Nationwide Assets to liquidate. 25 being in MI average price $3,900 to $9,900. All offered well below wholesale value, if interested, please email our office for a complete list.

Location:

1055 E. Pine Street, Mount Morris, MI 48458

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.