1839 Owen St, Flint, MI 48503

Details: 

🛏️ Beds: 4

🛁 Baths: 2

📐 Living Area: 1,728 sq. ft

📐 Lot Size: 7,492 sq. ft

🏢 Year Built: 1956

• 1 CAR GARAGE
• NEEDS NEW DOOR & WINDOWS
• UNFINISHED BASEMENT
• NEW FURNACE 2 YRS OLD
• NEW WATER HEATER 8 YRS OLD
• ROOF ABOUT 10 YRS OLD
• FOUNDATION & STRUCTURE OK
• PLUMBING & ELECTRIC OK

CONTRACT PRICE: $26,000

EST. EXPENSES: $45,000

AFTER RENOVATION VALUE: $140,000+

EST. TOTAL PROFIT: $55,000+

Does the market support the Sales Projections?

🏘️ Comps:

#1 - 3025 Comanche Ave, Flint, MI 48507

4 bd 2 ba - 1,502 sqft

Sold:$135,000 - Sold on 04/18/23 

#2 - 1834 Whittlesey St, Flint, MI 48503

3 bd 1 ba - 1,436 sqft

Sold:$87,500 - Sold on 05/30/23 

#3 - 1820 Kent St, Flint, MI 48503

3 bd 2 ba - 1,907 sqft 

Sold:$102,000 - Sold on 11/03/23

Exit: Assignment. Assigned to an investor for $42,000 and collected $16,000 assignment fee

Paperworks:

Purchase & Sales Contract

Assignment Agreement 

Closing Statement