409 N McLellan

Bay City, Michigan48708


3 Bedrooms | 1 baths | 1395 sqft | MLS# 58050122566



Active $28,500

contact:
313.283.1873  Office

Description

Top investment opportunity and flip potential! Good area and schools. Sold in as-is condition, good bones, with original wood trim and hardwood flooring throughout. Similar refurbished homes resell for $130-$140K according to comps. Needs: 1. Roof replacement (metal roof quoted at 19k, May 2022) 2. Cleanout (DIY $0 6-8hrs +$500 dumpster or $0 weekly trash; OR professional at est. $3000) 3. Plaster Repair (DIY with patching drywall and skim coating seams $0; local handyman est. $1k) 4. Hardwood floors refinishing throughout (DIY Rent a Floor Sander and Sand paper $300; OR, $4185 professional 2021 est. $3/Sf) 6. Paint (DIY Tape windows and wood trim 6-8hrs; buy good paint sprayer and spray 8hrs +$400 supplies; or hire a professional est. $3k) 7. Vinyl siding $2k So save a ton where you can DIY, or for everything hired out, brand spanking new, with a 50 yr warranty metal roof, or for +/-$40k.( Less for asphalt roof). That puts asking plus renovations just shy of half of what comps warrant