Saginaw MI | FULL REHAB RENTAL | ASK 8k ARV 95k RENT 1k+

3 Beds / 2 Baths • 1,447 SqFt
Offer Submission Deadline
  • Single Family House
  • 3
  • 2
  • 1879
  • 1447
  • 7405
  • No Garage

Description

🏠 Assignment Opportunity – 3220 Douglass Street, Saginaw, MI 48601

Assignment Price: $8,000 + CC

Estimated ARV: $95,000

Exit Strategy: Buy and Hold

📍 Property Details

Address: 3220 Douglass Street, Saginaw, MI 48601

Type: Single Family Home

Year Built: 1879

Square Footage: 1,447 sq ft

Lot Size: 7,405 sq ft

Beds / Baths: 3 Bed / 2 Bath

Occupancy: Vacant

Potential Rent: $1,000+ / month

Parking: Driveway

🛠 Rehab Overview

Rehab Scope:

  • Near full interior rehab
  • Full exterior rehab
  • Full roof replacement
  • General updates throughout
  • Seller reports no structural issues

Big Six:

Roof: Needs replacement

Foundation: No known issues

HVAC: No known issues

Electrical: No known issues

Plumbing: No known issues

Hot Water Heater: No known issues

📝 Property & Deal Notes

✅ Deep value-add opportunity at a low entry price

✅ Strong rental potential in area ($1k+ monthly)

✅ Seller states structure is sound despite age

✅ Full rehab needed — ideal for experienced investors

✅ Great cash-flow potential once stabilised

📞 TEXT OR CALL BEVANS & BOMBICH LLC FOR A SHOWING TODAY: 737-399-2575

PROPERTY SOLD AS IS | EMD $2,500

DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller granting this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempt to renegotiate or communicate with the seller directly will result in legal action.

Estimated Spread

  • ARV $95,000
  • Price $8,000
  • Spread $87,000

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