228 Kirkwood Ave, Springfield, MI 49037

About this property

This 2BR/1BA, 1,032 SqFt home sits on a concrete slab and is ready for a full renovation. Making it ideal for experienced investors looking for a value-add deal with strong upside. 🛠 Property Details: 2 Bed / 1 Bath / 1,032 SqFt Built: 1950 (est.) Lot Size: Standard city lot Garage: Needs to be torn down Basement: None (concrete slab) 🏡 Condition Highlights: Roof: ~10 years old Furnace: 3 years old, with central air Wiring: Needs replacement Plumbing: Needs replacement Cosmetics: Full interior/exterior rehab needed Years of neglect — total overhaul required 💰 Numbers: Asking Price: $50,000 Rehab Estimate: $48,950 After Repair Value (ARV): $169,803.37 Equity Spread: ~$70,853.37 (before closing/holding) 📊 Comps: 171 N 24th St, Springfield, MI — 2BR/1BA, 1,020 SqFt, sold for $168,000 (2024) 253 Avenue A, Springfield, MI — 2BR/1BA, 1,050 SqFt, sold for $171,500 (2024) ✅ Exit Strategies: Fix & Flip for strong profit OR Rent & Hold after renovation for long-term cashflow. ✅ Major systems (roof + furnace/AC) are in place, reducing big-ticket costs. ✅ Great price point for an investor-friendly deal in Springfield. 📩 Email: dhollis@offernowmichgan.com 📞 Call/Text: (248) 429-7247