5 beds 2 baths 1,456 sqft

5 minutes read

High-Potential Investment Property in Flint – A Rare Opportunity to Build Value

If you are searching for a real estate investment with exceptional upside at an extremely low entry cost, this 5-bedroom, 2-bathroom single-family home in Flint stands out as a compelling opportunity. Priced at just $4 per square foot, this property is ideal for investors, house flippers, or buyers looking to design and customize a home according to their vision.

Built in 1920 and showcasing elements of Colonial and Traditional architectural styles, this home offers 1,456 square feet of living space and a flexible layout that can be transformed into a modern, highly desirable property. While it requires renovation and updates, the structure provides a solid starting point for those ready to unlock its full value.

Property Overview – A Spacious Layout Ready for Transformation

This two-story home features five bedrooms, one full bathroom, and one half bathroom, making it suitable for large households or rental income strategies. With multiple living areas and a functional layout, the property provides the space needed for creative redesign and modernization.

Key Highlights:

5 Bedrooms
2 Bathrooms (1 Full, 1 Half)
1,456 Sq Ft Interior Living Area
Two-Story Layout
Built in 1920
Colonial / Traditional Architecture
Unfinished Basement
Public Water and Sewer
Forced Air Heating (Natural Gas)

As a government-owned property being sold as-is, it offers investors a unique chance to acquire a home at a fraction of typical market value.

Interior Layout – Designed for Flexibility and Functionality

The home’s interior layout is one of its strongest features. With multiple rooms across two levels, it offers versatility for various living arrangements and renovation strategies.

Main Level Living Spaces

The entry level includes several key areas, including a spacious living room, kitchen, and additional rooms that can be adapted to suit modern needs.

Living Room

The large living room measures approximately 19 x 14 feet, offering 266 square feet of space. This area can serve as the central gathering point of the home and can be enhanced with updated flooring, lighting, and an open-concept design.

Kitchen Areas

Interestingly, the property includes two kitchen spaces on the main level:

13 x 11 (143 sq ft)
12 x 11 (132 sq ft)

This unique feature opens up possibilities such as:

Combining both spaces into a large, modern kitchen
Creating a kitchen and dining combination
Designing a multi-functional cooking and entertainment area

Bedrooms – Ample Space for Families or Rentals

With five bedrooms, this property offers significant flexibility for both homeowners and investors.

Entry-Level Bedrooms

One bedroom measuring 11 x 10 (110 sq ft)
One smaller bedroom measuring 8 x 8 (64 sq ft)

These rooms are ideal for guest spaces, home offices, or additional living areas.

Second-Level Bedrooms

Three bedrooms ranging from 99 to 120 square feet

The upper-level bedrooms provide privacy and can be upgraded to meet modern standards, including improved insulation, flooring, and lighting.

Bathrooms – Opportunity for Modern Upgrades

The home includes one full bathroom and one half bathroom. While functional, these spaces will benefit from renovation.

Upgrade Potential:

Install modern fixtures and finishes
Improve layout and storage
Add contemporary design elements

Upgraded bathrooms can significantly increase the property’s value and appeal.

Basement – Additional Space with Future Potential

The unfinished basement provides extra space that can be utilized in various ways.

Possible Uses:

Storage area
Workshop or utility space
Future finished living area

With proper development, the basement can add functional square footage and increase overall property value.

Exterior Features – Compact Lot with Practical Use

The property sits on a 4,791-square-foot lot with dimensions of 40 x 114.5. While smaller than some properties, it still offers opportunities for outdoor improvements.

Exterior Highlights:

Manageable lot size for easy maintenance
Space for landscaping or outdoor seating
Potential for curb appeal enhancements

The absence of a garage allows flexibility for adding parking or redesigning the outdoor layout.

Construction and Structural Details – A Solid Starting Point

The home is constructed with wood siding and a block foundation, providing a stable base for renovation.

Construction Features:

Wood Siding Exterior
Block Foundation
Basement Structure

Although updates are required, the structural components offer a reliable framework for redevelopment.

Heating and Utilities – Essential Systems Already Installed

The property includes a forced air heating system powered by natural gas, along with access to public utilities.

Utility Features:

Forced Air Heating (Natural Gas)
Public Water Supply
Public Sewer Access

Having these systems in place reduces the cost and complexity of renovation.

Renovation Requirement – A Time-Sensitive Investment

A key condition of this property is that all remodeling must be completed within twelve months. This requirement ensures that the property is improved quickly and efficiently.

What This Means for Buyers:

Requires careful planning and budgeting
Ideal for experienced investors or contractors
Encourages fast turnaround for profit

This timeline makes the property especially appealing for fix-and-flip strategies.

Investment Potential – One of the Best Deals on the Market

At just $4 per square foot, this property offers one of the lowest price points available, making it highly attractive for investors.

Key Investment Advantages:

1. Extremely Low Acquisition Cost

The low purchase price allows for significant investment in renovations while maintaining profitability.

2. High Value-Add Opportunity

With the right upgrades, the property’s value can increase substantially.

3. Multiple Exit Strategies

Resell after renovation for profit
Rent to generate steady income
Hold for long-term appreciation

Location Benefits – Flint’s Growing Real Estate Opportunities

Flint continues to attract investors due to its affordability and potential for redevelopment.

Location Highlights:

Established residential neighborhood
Access to local services and amenities
Increasing demand for renovated homes

For investors, Flint offers a market where value can be created through strategic improvements.

Ideal Buyer Profile – Who Should Consider This Property?

This property is best suited for buyers who are comfortable with renovation projects and understand the potential of distressed properties.

Ideal Buyers:

Real estate investors
House flippers
Contractors and builders
Experienced DIY renovators

Not Ideal For:

Buyers seeking move-in-ready homes
First-time homeowners without renovation experience
Those unable to meet the 12-month requirement

Financial Overview – Low Cost with Strong Upside

Financial Highlights:

Price per square foot: $4
Tax assessed value: $5,301
Listing terms: Cash

The low tax assessment and purchase price make this property an attractive option for cost-conscious investors.

Renovation Ideas – Transforming the Home

To maximize the property’s value, consider the following upgrades:

Interior Improvements:

Replace outdated flooring
Upgrade kitchens and bathrooms
Improve lighting and energy efficiency
Reconfigure layout for modern living

Exterior Enhancements:

Refresh siding and paint
Improve landscaping
Add outdoor features for appeal

Tips for Maximizing ROI

Focus on High-Impact Areas

Kitchens and bathrooms typically provide the highest return on investment.

Manage Costs Carefully

Stick to a budget and avoid unnecessary upgrades.

Plan Efficiently

Given the 12-month deadline, proper scheduling is essential.

Understand the Market

Design renovations to meet local buyer and renter preferences.

Long-Term Potential – Building Equity Through Smart Investment

With the right improvements, this property has the potential to generate significant returns. Whether you plan to sell or rent, the opportunity to build equity is substantial.

Important Considerations Before Buying

Before making a purchase, keep these points in mind:

Property is sold as-is
Full renovation required
12-month completion timeline
Cash purchase preferred
Inspection recommended

Understanding these factors will help ensure a successful investment.

Final Thoughts – A Property Full of Possibilities

This Flint property offers more than just a structure—it offers potential. With five bedrooms, a flexible layout, and a very low price point, it provides an excellent opportunity for those willing to invest time and effort.

For the right buyer, this property can be transformed into a valuable asset, whether as a family home or an income-generating investment.

Take Action – Turn Vision into Value

Opportunities like this are rare, especially at such an affordable price. If you are ready to take on a renovation project with strong upside potential, now is the time to act.

Bring your vision, execute your plan, and transform this property into something truly exceptional. The potential is here—waiting to be realized.

Listed on Zillow