2671 Fish Lake Road, Lapeer, Michigan, 48446

$100,000

Property Details

MLS#: 58050221483
Bedrooms: 3
Bathrooms: 1
Square Feet: 960
Price per Sqft: $104
Lot Size: N/A
Year Built: 1900
Property Type: Residential
Status: Active

Tax and Assessment Information

Assessment evidence unavailable.

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

This property is located in Lapeer, Michigan. Lapeer is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 2671 Fish Lake Road?

2671 Fish Lake Road is listed at $100,000, or $104 per square foot.

How many bedrooms does 2671 Fish Lake Road have?

This property has 3 bedrooms and 1 bathrooms, with 960 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 484-4696

Email: info@sonicrealty.com