Archived about 1 month ago

$48,200

3 bd 2 ba 1600 sqft

908 S 7th St., Saint Clair, MI 48079

Residential SFR Occupied Needs Repairs

Current Rent

$900

Cap Rate

Pro Only

Cash on Cash ROI

Pro Only

Perfect home to get started Real Estate Investing

Investment property for sale in Saint Clair County | Looking for a Cash Buyer (we have financing options!)

Discounted Price: $48.2K
After Repair Value (Retail): $90.9K

Analysis
Repair Costs: $8K
Total Buyer's Cost: $56.2K

Total Buyer's Profit Fix & Flip: $34.7K
Buyer's Return on Investment (ROI): 62%
 
Highlights
Desirable neighborhood
Two blocks away from Pine River
Recently updated bathroom
Nice master bedroom
Asking price significantly below market value
2 minutes away from St. Clair Historical Museum
Needs Minimum work (cosmetics)
Great buy and hold opportunity as well
We have financing options!

We are selling our assignable purchase contract on this property.

Location:

908 S 7th St., Saint Clair, MI 48079

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