$85,000

About This Property

This lakefront concrete block property is a prime investment opportunity for an investor ready to take on a full gut renovation. The property has a code enforcement lien related to the roof, which will remain in place after closing. The new owner must be willing to rebuild the roof, including rafters, via a carpenter. Once the roof is completed and passes inspection, the building department will remove the lien, and you can petition for fines to be erased or reduced. The property is currently held in a land trust, and if preferred, the investor can keep the land trust in place and become the new beneficial owner, simplifying the transfer process.

infoProperty Details

Property Type

Single Family Residence

Year Built

1956

Living Area

720 sqft

Lot Size

0.34 acres

Bedrooms

2

Bathrooms

1

Garage Spaces

2

Ownership

Fee Simple

Days on Market

chairInterior Features

yardExterior & Lot

Mortgage calculator

Estimate excludes taxes, insurance, HOA dues, PMI, lender fees, and financial advice.

Listed By

HOMECOIN.COM

888-400-2513