2671 Fish Lake RD, Lapeer, MI 48446
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2671 Fish Lake RD, Lapeer, MI 48446
2671 Fish Lake RD, Lapeer, MI 48446
2671 Fish Lake RD, Lapeer, MI 48446
2671 Fish Lake RD, Lapeer, MI 48446
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$ 100,000
Est. payment /mo
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2671 Fish Lake RD Lapeer, MI 48446

3 Beds

1 Bath

960 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Active

Purchase Type For Sale

Square Footage 960 sqft

Price per Sqft $104

Subdivision Cedar Acres 1

MLS Listing ID 58050221483

Style Ranch

Bedrooms 3

Full Baths 1

Year Built 1900

Lot Size 0.460 Acres

Acres 0.46

Property Sub-Type SingleFamilyResidence

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.

Location

State MI

County Lapeer

Area Area09132Lapeer

Interior

Heating Floor Furnace, Natural Gas

Cooling None

Fireplace No

Exterior

Parking Features TwoCarGarage, Attached

Garage Spaces 2.0

Pool None

View Y/N No

Garage true

Building

Foundation CrawlSpace

Sewer Septic Tank

Water Well

Architectural Style Ranch

New Construction No

Schools

School District Lapeer

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard


Realcomp MLS
Listed by Mark Ellis of Real Estate One Port Huron
Manar Siba

Manar Siba

Broker Associate License ID: 046751

+1(248) 410-3171

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2671 Fish Lake RD