Discover 39083 M43, Paw Paw, MI - A Treasure for Rehab Enthusiasts that want Acreage

$249,900

3 Beds | 1 Bath | 2,086 SqFt

39083 M43, Paw Paw, MI 49079

Active

Tucked in the charming township of Paw Paw, Michigan, is a real estate opportunity that offers the beauty of rural living and the charm of vintage architecture. The property in focus - 39083 M43, has a lot to offer to potential homeowners and real estate investors alike.

Stretching over a sprawling 29.5 acres, this 3-bedroom, 1-bath farmhouse accentuates an aura of rustic elegance. The property has a large detached pole barn/garage, an added bonus for those requiring extra storage space or for those who seek a project area for various hobbies. Additionally, a separate outbuilding utilized previously for keeping chickens, now serves as an optimal storage structure.

One of the key highlights of the property, reflected in its reduced listing price of $249,900, is its 'as-is' status. The property is being sold as-is to settle the estate by the executor of the estate. This status signifies a golden opportunity for homebuyers looking for a renovation project, or for investors seeking a property with immense potential to restore and resell.

This property is an excellent candidate for a 203k rehab loan. For those unfamiliar, a 203k rehab loan is a type of federally insured mortgage meant for properties needing renovations. This type of loan folds the cost of the home and its anticipated repair expenses into one mortgage, making it an ideal route to pursue for those willing to invest some time and effort into making this property the farmhouse of their dreams.

Richard Stewart, the realtor for this property, is available at 269-345-7000 for those interested in exploring this opportunity further. You can also visit Richard's website at www.RichardStewart.com for more information.

All in all, 39083 M43 Paw Paw, MI 49079 presents a unique opportunity to own a piece of Michigan's rustic beauty and to craft a space that reflects your personal touch. This property, with its vast expanse and potential for customization, awaits the visionary ready to tap into its potential and transform it into a dream home or a lucrative real estate investment.