ATTENTION HANDYMEN AND INVESTORS
Listed more than 50% below market value!
Estimate on this property is $101,800!
This home contains approximately 1,000 sq ft of living space, 3 bedrooms, 2 baths, original wood floors throughout, new countertops/kitchen cabinets and a flat top stove. The large dry basement is ready to be finished and contains multiple rooms. Features a fully fenced front yard and mostly fenced rear yard that includes a massive 550 sq ft garage wired with power.
Why is the property listed more than 50% below value? The home was rented to a bad tenant that painted the interior of the house black, removed one of the two toilets, damaged drywall in the kitchen and one bedroom, broke a window and left a few larger items behind. The photos listed are prior to the property being painted black and shows the potential after new paint. Estimated repair costs = $10,000 for the do it yourself handyman.
The house requires:
1.) Full interior paint
2.) 2 new windows
3.) Drywall work in kitchen and one bedroom
4.) Large items removed (beds, dressers etc)
5.) 3 new closet doors
6.) New toilet installed in the downstairs bath
7.) TLC / clean up in the back yard and garage
If you can handle a little hard work, have the money to put into repairs and have a vision for what the house will look like once complete - THIS IS THE HOUSE FOR YOU!
The roof, electric and plumbing were upgraded in 2016.
The furnace is a Trane high efficient model upgraded in 2022.
The water heater was upgraded in 2020.
All main important systems have been upgraded, the house is solid and only requires cosmetic work and a little TLC!
The property backs up to an empty field of trees spanning dozens of acres. A large vacant lot in the empty field connects to the rear property line and is for sale by the city - doubling the backyard if you want more land.
Ideal location directly on the border of Burton and Flint this area is quiet and peaceful while only minutes drive from Walmart, Kroger’s and multiple restaurants. Less than one mile from the award winning Stepping Stone Falls Park - where walking and biking trails surround a large beautiful lake.
Serious buyers only - must show proof of funds. Buyer pays taxes and closing costs.
All repairs are cosmetic and have been calculated into the asking price while leaving room for a substantial profit. Take the full asking price of $49,000 add in $10,000 for cosmetic repairs - the buyer will have $59,000 invested into a $101,000+ property.
For sale by owner
Price increase: $10K (6/2)
$49,000
5709 Branch Rd, Flint, MI 48506
3beds
940sqft
Est.:
SingleFamily
Built in 1959
6,098 Square Feet Lot
$-- Zestimate®
$52/sqft
$-- HOA
What's special
Mostly fenced rear yardFully fenced front yardLarge dry basementFlat top stoveOriginal wood floors
What the owner loves about this home
After $10,000 in repairs will appraise for $101,800. Property located in a quiet area yet still only minutes from Stepping Stone Falls Park, Walmart, Kroger's and multiple restaurants. Low property taxes are a bonus!
- 68 days
- on Zillow |
- 1,085 |
- 91 |
Listed by:
(810) 277-3089
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Forced air, Electric
Cooling
- None
Appliances
- Included: Range / Oven, Refrigerator
Features
- Flooring: Hardwood
- Basement: Partially finished
- Has fireplace: No
Interior area
- Total interior livable area: 940 sqft
Property
Parking
- Total spaces: 12
- Parking features: Garage - Detached, Off-street
Features
- Exterior features: Wood, Metal
Lot
- Size: 6,098 Square Feet
Details
- Parcel number: 4728305013
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1959
Community & HOA
Location
- Region: Flint
Financial & listing details
- Price per square foot: $52/sqft
- Tax assessed value: $48,000
- Annual tax amount: $912
- Date on market: 5/29/2025
- Loading