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8325 Walter St, Mount Morris, MI, 48458

2beds
1baths
1,050sqft
$50,000
$48price/sqft
$545/moest. monthly cost
$21,800/yrincome needed

About This Home

Investor Alert! Outstanding value-add opportunity in Mount Morris with strong upside potential for investors, rehabbers, and builders looking for their next project. Located in an established residential neighborhood with convenient access to major roads, shopping, schools, and everyday amenities, this property offers excellent potential as a future rental, flip, or affordable owner-occupant renovation project. The home sits on a concrete slab foundation and already has several major components in place, including an updated/date-coded fuse system and available cabinets that can be included with the sale. With the right vision and improvements, this property has the potential to become a strong income-producing asset or starter home. Property requires significant renovations and completion before occupancy, making it ideal for experienced investors or contractors seeking a project with upside and ARV potential in a high-demand rental market. Novation: Buyer has equitable interest in the property and is marketing the property with the owner’s authorization in order to locate a new buyer.

Getting Around

42
WalkingCar-Dependent
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

2/10
Moore Elementary SchoolGrades 2-30.1 mi
2/10
3/10

Construction

Condition

  • Year built: 1949

Materials

  • Foundation: Michigan Basement
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes

Bedroom

  • Level: Entry
  • Area: 110
  • Dimensions: 10 X 11

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Finished area above ground: 1,050

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total interior livable area: 1,050 sqft

Kitchen

  • Level: Entry
  • Area: 120
  • Dimensions: 10 X 12

Living Room

  • Level: Entry
  • Area: 224
  • Dimensions: 14 X 16

Other

  • Level: Entry
  • Area: 40
  • Dimensions: 5 X 8

Primary Bedroom

  • Level: Entry
  • Area: 156
  • Dimensions: 12 X 13

Property

Details

  • Parcel number: 1106501161
  • Special condition: Short Sale No,Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: GroundLevelwSteps
  • Pool features: None

Lot

  • Lot size: 6,969 sqft
  • Lot size dimensions: 60 x 120

Parking

  • Total spaces: 1
  • Parking features: One Car Garage,Detached
  • Has garage: Yes
  • Attached garage spaces: 1