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Jenn Smart

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503 503-505 Liberator , Gwinn, MI 49841
$159,900
Est. Payment: $833.26/mo
6 Bed
4 Bath
3292 Sqft
Status: active with contingency | Days on site: 33
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Opportunity Awaits! Bring your tools and imagination! This property offers a great chance to build equity through improvements. This handyman special needs some TLC but offers excellent potential for investors, flippers, or buyers looking to build equity with updates and repairs. Some updates have already been done, but a few more tweaks needed. Each unit features 3 bedrooms, one full and one half bath, a full basement, and an attached one-car garage with interior access. . Both units include a refrigerator and stove, and the floor plans mirror one another. The 503 unit has been updated with a newer furnace and appliances, and also includes a washer and dryer. The 505 side does not come with a washer and dryer. Additional amenities include updated electrical 200 amp in both units, basement utility sinks. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this property offers outstanding potential.Property is being sold AS IS. Seller will make no repairs. CAUTION: There is no door at the top of the basement stairway in the 503 unit. Please use extreme caution when viewing.Taxes are not currently $0 and may change upon transfer of ownership. HOA is $30 per year.

Highlights

Listed by THERESA HUNTER , 906-250-1981 SELECT REALTY , 906-228-2772. MiRealSource, Inc. mls logo

Property Type

Multi-Family

Lot/Acreage
0.3

Year Built

1964

County

Marquette

Area

Forsyth Twp (52009)

Neighborhood

Sun Valley Estates Subdivision

School District

Gwinn Area Community Schools

Listing ID

50212896

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:4
  • Full Bathrooms:2
  • 1/2 Bathrooms:2
Appliances:Dryer, Range/Oven, Refrigerator, Washer
Above Ground Sq Ft:3292
Basement:Block,Full,Outside Entrance
Other:
  • Additional:MstrBdrm W/Lav/Half, Eat-In Kitchen
Water:Public Water

Exterior Features

Lot Dimensions:90x120
Zoning:Residential
Sewer:Public Sanitary
Parking Features:Attached Garage,Direct Access,Garage,Unassigned/General
Principal Interest
$833
Taxes
$102

Home Price

$159,900

Loan Details

30 yrs
6.792%

Down Payment

20%
$31,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$833.26

Principal

Taxes

Principal Taxes HOA Total
Monthly $833.26 $101.94 $0.00 $935.20
Yearly $9,999.13 $1,223.24 $0.00 $11,222.37
Total $299,974.01 $36,697.05 $0.00 $336,671.06
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Gwinn, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-02T03:11:55.100Z

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