Investor Special - Full Rehab Opportunity on a Wooded Acre in Wheeler. This severely distressed fixer-upper is a true diamond in the rough, perfect for seasoned investors, flippers, or ambitious renovators ready to roll up their sleeves and bring a vision to life. Set on a full acre of land in the Village of Wheeler, this property offers peaceful privacy with mature trees, vibrant ferns, and natural charm, all while being conveniently located with city water, city sewer, Breckenridge schools, and easy access to M-46--just 33 minutes to Saginaw and 26 minutes to Midland. Inside, the home features 2 bedrooms, 1 bathroom, a large kitchen, formal dining room, and a spacious living room with big windows and great natural light. But let's be real--this house needs to be remodeled in every way possible. The interior requires a full-scale renovation, from walls to ceilings, flooring to fixtures. Much of the demo work has already begun, revealing original trim, open layout, and potential to reimagine the space from the ground up. Nearly every surface needs repair or replacement. That said, the bones are strong, and recent upgrades include a brand-new electrical service and panel box. Mechanical systemsincluding the furnace, water heater, and pressure tankare present, though their working condition may need to be evaluated. Additional features include: Large front deck ready to be restored, Two large storage rooms, Located in a quiet, tree-lined neighborhood. Will not qualify for traditional financingcash buyers or rehabilitation loans only. Whether you're looking to flip, restore, or start fresh, this property offers rare potential at a compelling price. This is not a cosmetic fixerit's a full-scale rehab, but the upside is huge for the right buyer.

Listing courtesy of REALCOMP / NextHome Legacy Real Estate

Last checked: Checking… • Last updated Jun 16, 2025 • Source: REALCOMP

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