$82,744 EMV

2 Beds   1 Bath   Single-Family
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Lakeshore Dr
Dowagiac, MI 49047

Overview

This Single-Family is located at Lakeshore Dr, Dowagiac, MI 49047. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time. It has 2 Beds, 1 Bath.
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Status: Inactive
Listing ID: 58740823

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Property Information

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Baths: 1
  • Total Square Feet: 1,348
  • Lot Size: 0.17 acres
  • Heating Type: Forced Air
  • Year Built: 1930
  • Source ID: 22043631
  • Day(s) On Site: 109
  • Subdivision: TWIN LAKE HILLS
  • School District: Dowagiac
  • Property Type: Single Family Dwelling

Public Records

  • APN: 14-150-113-011-00
  • Property Type: Single Family Residence
  • Township: WAYNE TWP
  • Subdivision: TWIN LAKE HILLS

Foreclosure

Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Rental Value

The estimated rental value for Lakeshore Dr located in Dowagiac, MI is $1,460/month. Comparable homes around Lakeshore Dr that are rentals have monthly ranges starting as low as $1,241 per month and as high as $1,680 per month. An owner looking to use this property as an investment could bring a return in the area of $1,241 - $1,680 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.


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Lakeshore Dr
Dowagiac, MI 49047

2 Beds   1 Bath   Single-Family

$82,744 EMV

Status: Inactive Listing ID: 58740823

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Lakeshore-Dr-Dowagiac-MI-49047/58740823_lid

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