Investment Potential:
This property presents a strong entry-level investment opportunity in a proven resale pocket of Detroit, where nearby renovated homes are already commanding prices around $130K–$135K, providing clear ARV support and reducing investor risk. With a full 3-bedroom layout and over 1,000 sq ft, this is a standard, highly desirable configuration that fits both resale and rental strategies. The low acquisition price allows for a healthy margin even with a renovation, while the surrounding area’s sales activity adds strong confidence to the exit.
Based on the property’s age and typical condition for similar homes, investors can expect to execute a value-add renovation focusing on cosmetic upgrades, mechanical updates, and overall modernization to meet market expectations. The layout and size support an efficient rehab without overcapitalizing, and the strong comp next door validates buyer demand on the same block. Whether repositioned for resale or held as a rental, this deal offers a combination of low entry price, strong comps, and predictable exit potential, making it a solid opportunity for investors looking to scale.</p>
Asking Price: $27,900
ARV: $120,000
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HOUSE ACCESS: Tuesday, April 14th at 3:00 PM
Details
✅ 3 Bedrooms / 1 Bathroom
✅ 1,076 sq. ft
✅ Lot Size: 4,356 sq. ft.
✅ Year Built: 1938
✅ Parking: Attached
✅ Basement: Partially finished
📅 Closing: By 05/02/2026
💵 EMD: Required within 24 hrs of signing
👥 Buyer Agents: Welcome – 2.7% commission
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📞 Call/Text: 248-838-0975
📧 Email: office@reidailydeals.com