The Flip Potential of 51249 Clay St New Baltimore, MI is medium.
Current Specs
3 Bed / 2 Bath
1,600 sqft
$62 per sqft
Estimated Value$99,000
Flip Advice
This 1900-built property in New Baltimore presents a classic flip opportunity. At $99K for a 1,600 sqft home with 2 kitchens, it's priced significantly below market value. The 'total rehab' and 'fixer upper' description, along with the cash-only requirement, indicates substantial work is needed but offers flexibility as either a single-family home or two separate units.
Consider pursuing this flip with a budget focused on modernizing while preserving historic character. Based on comp data, adding a bedroom and bathroom could increase value to $126K (27% gain), while simply adding space could push it to nearly $150K (51% gain). Given its location near Lake St. Clair and downtown New Baltimore, this property has strong potential despite requiring extensive renovation.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.
Flip Scenarios
Explore renovation scenarios based on recent comps that could increase the value of 51249 Clay St: