1 1/2 Story Home for Auction
Great first home or rental property investment
Are you an avid DIY remodeler? Is Fixer Upper your favorite show of all time? Do you want to test your skills out? If so, this is the auction for you! We will be auctioning off this 1 1/2 story home located in Burton, Michigan on Wednesday, February 26th. The starting bid is only $5,000! This one bed, one bath home would be the perfect investment for someone just starting out in the real estate market, or would be a great rental property! View more details about the auction here.
The home is officially one bed, one bath, but there is an additional room that was used as an extra bedroom in the past. Some restoration work has been completed, but it needs to be cleaned and the rest of the updates need to be made before someone would be able to move in. The home has a newer natural gas furnace and hot water heater. There is a nice back yard that would provide a nice place to relax during summer evenings. After all, you can’t beat Michigan summers!
Having a rental property is a fantastic source of income. After you have made the renovations for the property (DIY or contracted out), you can simply rent out the home and use the rent from your tenant to pay for the mortgage or the costs of the renovations. Then after the loan is paid off, you will have a secondary income that you can use to pay off your own mortgage or any other expenses that you might have. Of course, you can also choose to live in this home yourself! Once it is fixed up it would be a perfect starter home for a couple. Then, as they grow out of the home they can either keep it and rent it out or they can sell it to add to their down payment for their next home!
If you are interested in participating in this auction, please Contact Jordan Miedema with questions.
Call |Text | E-Mail: Jordan Miedema
616-460-8936 | Jordan@1800lastbid.com
Property Address: 2060 Scottwood Ave., Burton, MI
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