1516 Plymouth St

Jackson, MI 49203

3 bed
1 bath
1,000 sqft
3,049 sqft lot

Investment details

Asking

$85,000

ARV

$145k

Fix & flip profit

$40k

Rent estimate

$1,285/mo

Why you need this deal

Local investor's loss is your gain. This South Side Jackson home has already been taken down to the studs and rebuilt with new roof, HVAC, electric, plumbing, water heater, and driveway. He got pulled onto bigger projects before crossing the finish line, leaving a sewer line and some light cosmetics between you and a $145K comp on the same block. Vacant with lock box access for easy walk-throughs. Clean flip, fast close, real margin built in.

Comparable sales

406 S Elm Ave, Jackson, MI 49203
$145,000View
210 S Forbes St, Jackson, MI 49203
$148,000View
1513 Joy Ave, Jackson, MI 49203
$155,000View
607 Edgewood St, Jackson, MI 49202
$150,000View
1218 Burr St, Jackson, MI 49203
$147,000View

Repairs

Estimated finish budget: $15k-$20k depending on contractor.

Light/mid cosmetic finish-out (paint, flooring, punch list)
Sewer/plumbing line repair at the road