2671 Fish Lake Road, Lapeer, MI 48446
- $100,000
- 3
- BD
- 1
- BA
- 960
- SqFt
- List Price
- $100,000
- Status
- ACTIVE
- MLS#
- 50221483
- Days on Market
- 0
- Style
- Ranch
- Year Built
- 1900
- Bedrooms
- 3
- Bathrooms
- 1
- Acres
- 0.46
- Living Area
- 960
- Municipality
- Lapeer
- Region
- Lapeer
- Township
- Lapeer
- Subdivision
- Cedar Acres 1
Property Description
Opportunity awaits at 2671 Fish Lake Rd in Lapeer! Priced at just $100,000, this 3-bedroom, 1-bath home is ready for someone with the vision to bring it back to life. Whether you're an investor looking for your next project, a handyman searching for an opportunity to build some sweat equity, or a buyer who isn't afraid to take on a renovation, there is plenty of potential here. The home will need some updating, and the septic system is currently not functioning and will need to be repaired or replaced. The condition has been taken into consideration with the asking price, giving the next owner an opportunity to make the improvements and updates themselves rather than paying for someone else's renovation. Based on recent comparable sales in the immediate area, the estimated after-repair value (ARV) is approximately $215,000-235,000, depending on the quality and extent of the renovations completed. With a $100,000 asking price, that leaves plenty of room for the right buyer to make the necessary improvements and potentially build significant equity. With three bedrooms, a manageable footprint and a nearly half-acre lot, there is a solid foundation here to work with. Bring your tools, your ideas and your imagination. If you've been looking for a project where the numbers may actually make sense, this one is worth a look.
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Additional Information
- Lot Dimensions
- 100 x 197
- Heating
- Natural Gas, Floor Furnace
- Cooling
- None
- Appliances
- Gas Water Heater
- Sewer
- Septic Tank
- Foundation
- Crawl
- Water
- Private Well
- Garage Spaces
- 2
- School District
- Lapeer Community Schools
Mortgage Calculator
Listing Courtesy of Real Estate One Port Huron, Office Phone: 810-966-1200
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.