Investment Potential:
Priced at $89,900 with an estimated ARV of $165,000, this compact 2-bedroom Hazel Park home offers a classic value-add opportunity with a manageable renovation footprint. At only 829 square feet, investors can focus their budget on strategic cosmetic improvements without the expense of renovating a large property.
The strongest upside may come from creating a third bedroom, if the existing layout and local requirements allow, increasing the home’s appeal to retail buyers and tenants. With controlled renovation costs, an investor can pursue a profitable resale or retain the property as a long-term rental in the desirable Hazel Park market.