Available
$45,000(ARV: $130,000)35% of ARV

Fulton County, Macy, IN 46951

2 bd1 ba928 sfBuilt 1935

1 day ago

Gross spread$85,000

Description

Overview 6304 North Burns Ave presents a unique waterfront redevelopment opportunity in Macy, Indiana. Sitting on a 7,927 SQFT lot, this 2-bedroom, 1-bath home offers 928 SQFT of living space and is positioned in one of the property's strongest selling points: its waterfront location. The home has sustained significant damage and will require a substantial renovation, but the combination of location and value-add potential creates an attractive opportunity for experienced investors. Highlights This property features 2 bedrooms, 1 bathroom, and 928 square feet of living space on a 7,927 square foot lot. The standout feature is its waterfront setting, offering views and desirability that are difficult to replicate. The location provides strong appeal for both future homeowners and rental occupants seeking a property with water access and scenic surroundings. With an estimated ARV of approximately $130,000, investors have a clear value target to work toward when planning their renovation strategy. Why This Deal? Waterfront properties are rarely available at a price point that allows investors to create significant value through renovation. While the property is in distressed condition and will likely require $50,000-$60,000 in repairs, the location drives the opportunity. Investors who understand the importance of buying the right location first will recognize the potential this property offers. Whether your strategy is a fix-and-flip, long-term rental, or vacation-style rental, the waterfront aspect provides a key competitive advantage that many comparable investment opportunities simply do not have. Opportunities to acquire waterfront properties with upside potential do not come around often. If you're looking for your next value-add project and understand the strength of location-driven investments, this is a deal worth reviewing. Reach out today for additional details, photos, and access information before this opportunity is gone. Cash buyers and serious investors only. Brazos Gadler | [contact details hidden]

Property

Bedrooms2
Bathrooms1
Square feet928
Lot size7,927 sf
Year built1935
ConditionMajor Repair
OccupancyTenant Occupied
ParkingAssigned

Systems & condition

HeatingOther
Air conditioningCentral AC
FoundationCrawlspace
Foundation conditionPoor

Self-reported by the seller. Not inspected.

Property information

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