Lapeer, MI 48446,321 S ELM Street
$60,000
$69,900
14.2%
Est.Price: ?

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2 BD
1 BA
842 SqFt

321 S ELM Street Lapeer, MI 48446

Est. payment /mo
SOLD DATE : 12/13/2023

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Key Details

Sold Price $60,000

Property Type Single Family Home

Sub Type Ranch

Listing Status Sold

Purchase Type For Sale

Square Footage 842 sqft

Price per Sqft $71

Subdivision City Of Lapeer Turrill Add

MLS Listing ID 20230100093

Sold Date 12/13/23

Style Ranch

Bedrooms 2

Full Baths 1

HOA Y/N no

Originating Board Realcomp II Ltd

Year Built 1945

Annual Tax Amount $1,371

Lot Size 0.330 Acres

Acres 0.33

Lot Dimensions 60.00 x 120.00

Property Description

ACCEPTING BACK UP OFFERS ONLY AT THIS TIME......
PLEASE NOTE:------ALL BUYERS ARE REQUIRED to pay a 3% commission fee to the Seller for the Buyers portion of real estate agent services they receive but Seller is expected to pay for. However Seller is willing to offset the buyers 3% commission by paying 3% of buyers costs for all offers of $69,900 or higher.
Great opportunity on this foreclosure. It ain't in the best of condition but it would not take much to get in a condition to live in or rent it out and earn $$. Would make a great rental home due to the long term cash flow that you can generate on a low price rental home like this. You could even fix and flip too or even remodel and live in as your primary home. Get out of those Trailer Parks which are just a poverty trap--they lock you into a lifetime of increasing lot rent. Build real wealth with this home because you own the land too! Home is sold AS-IS with no repairs made by Seller. Cash offers only at this time. Last sold in 2021 for $95,000. It appears someone attempted some remodeling and stopped midway. Repair issues of note...a second layer of thin OSB was added to subfloor and is loose in several spots. The drywall job was obviously done by an amateur too. You can make this home yours at an incredible value. Electric and water are on and operational. Wall furnace appears to be a mini split that would offer heating and A/C but Seller has no knowledge about this heating and cooling unit. Rest of the home's condition is unknown by Seller. With every other house out there priced $150 or higher what a great chance this is. Don't wait Call NOW!

Location

State MI

County Lapeer

Area Lapeer

Direction Saginaw st to Elm to house

Interior

Heating Wall/Floor Furnace

Fireplace no

Heat Source Natural Gas

Exterior

Garage Description No Garage

Pool No

Waterfront no

Road Frontage Paved

Garage no

Building

Foundation Crawl

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Ranch

Warranty No

Level or Stories 1 Story

Structure Type Vinyl

Schools

School District Lapeer

Others

Tax ID L214270104000

Ownership Broker/Agent Owned,Short Sale - No

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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Realcomp MLS
Listed by Realty Volution.com
Bought with Realty Volution.com

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Barrett Real Estate

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