MLS # 26033768 (Michigan Regional Information Center (MichRIC))

Strategic Starter - Investor Special with high-equity spread and massive value-add potential. This off-market style opportunity is a premier distressed property play for BRRRR buyers, rental portfolio builders, and fix-and-flip specialists seeking a low-basis project in a high-demand Michigan submarket. The functional footprint supports an efficient cosmetic and mechanical rehab designed to push the ARV toward the neighborhood ceiling Located in a zip code currently experiencing a seller's market with limited inventory, this asset provides multiple exit strategies including a high-yield LTR or a quick retail flip. Motivated seller. Property sold as-is.
Source: SparkMLS
This 1-bedroom, 1-bath, 740 sq ft home built in 1940 sits in Lee Township in Grand Junction.
Asking $85,000 (about $115/sq ft).
Annual property taxes run approximately $1,100 ($92/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
Legal Description
LOTS 9 & 10 GREEN MEADOWS SUBDIVISION SEC 31 T1N R15W (96)
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Charles Campbell
ListWithFreedom.com
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5971 Baseline Road, Grand Junction, MI 49056
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Municipality
Lee Township
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