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Sold
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00000 Street Name,
Garden City, Michigan, 48135

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Garden City, Michigan, 48135
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Sold
- views

00000 Street Name,
Garden City, Michigan, 48135

Locked Content

or

Garden City, Michigan, 48135
  • Asking price$159,900
  • Property TypeSingle family home
  • Showing dateNot set yet
Property Sold - Contact Us
    • Bedrooms
      2
    • Bathrooms
      1.5
    • sqft
      -

Property details

A Great Investment Opportunity in Garden City, MI

Property Details

A classic single-family house featuring 2 bedrooms, 2 bathrooms, and 1,055 sqft of living space on a 8,276 sqft lot with a 2-car detached garage (576 sqft).
• Roof: Dated, needs light repairs
• Furnace: Good condition
• AC: Dated unit
• Plumbing: Cast iron, looks mostly clean
• Electrical Panel: Dated but in good shape
• Water Heater: Good condition

The property will be delivered vacant at closing.

Investment Highlights
• Hot market with 172% absorption rate and low inventory (only 3 of 31 active listings)
• Property features a full, partially finished basement and extra large detached garage
• A 3rd bedroom can be easily enclosed at the existing layout (the house was 3/2 in the past) to reach higher comp values
• Brick exterior with fireplace and overall good condition (3.5/5 rating)
• Strong buyer interest in this zipcode with average of 22 interested buyers per deal and 33% sales success rate
• Fix & Flip and Buy & Hold opportunities with ROI of 12.27% at target price after transaction costs

Financial Summary
• ARV (After Repair Value): $230,000 - $240,000

A Wonderful Wholesale Opportunity!

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  • Year Built: 1958
  • Above Ground Area: -
  • Bedrooms: 2
  • Bathrooms: 1.5
  • Basement: Full Basement, Unfinished Basement
  • Garage: Detached Garage

This is an assignable contract for sale. All properties are sold As-Is for cash or hard money, which shall be verified by Seller. Minimum of $5,000 or a 3% of the sale price, which ever is higher, non-refundable earnest deposit is required along with a 21 day or less closing period. Opinions of value / rents / repairs are given as a courtesy and no guarantees are expressed or implied. All properties subject to errors, omissions, deletions, additions, cancellation. All properties sold in as-is conditions, where is with absolutely no warranty, no disclosure and no representations written or oral. Buyer is to do their own independent inspections and due diligence. Property will not be considered under contract until signed contract and earnest money is received, with all contingencies removed.

Location

Garden City, Michigan 48135

Garden City, Michigan 48135

Buying Process

We've simplified the buying process so you can focus on what matters: growing your portfolio or securing your very first property.

Here's how we work together to get you the keys.

  1. We Scout the Best Deals: Our team constantly uncovers discounted properties and secures them under contract so you don't have to.
  2. Explore Your Options: Visit 7minuteshousedeals to browse property specs, high-res photos, and walk-through videos of our latest finds.
  3. See It for Yourself: Spot something you like? Book a showing through the site, and we'll send you a personalized viewing time.
  4. Share Your Thoughts: After the tour, let us know your feedback. We're here to answer any questions you have.
  5. Easy Paperwork: Ready to move forward? Just say the word, and we'll send over our straightforward contract.
  6. Secure the Deal: Once your offer is accepted, you'll have 24 hours to deposit the Earnest Money Deposit (EMD) to lock it in.
  7. Support to the Finish Line: Our dedicated transaction coordinator will stay by your side, guiding you through every step toward closing.
  8. Welcome Home: Once the title is clear and the docs are signed, the property is officially yours. Congratulations!

Frequently Asked Questions

Notify us as soon as possible. Wholesale properties often move quickly, so responding quickly ensures you have a better chance of securing the deal.

Absolutely. Due to the delicate nature of the situation, we typically allow one walk-through before making an offer. This one-hour visit is intended to confirm the property's condition, as all key details are already provided in the marketing materials.

Simply head over to our Contact Us page and send us an email or give us a call. The telephone tends to be the quickest way to reach out to us. Once you connect with us and you want to purchase the property, we will send you our contract with all the details you need to know, including our title company, Earnest Money amount, and closing date.

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