Investment Potential:
Priced at just $24,900 with an estimated ARV of $115,000, this 4-bedroom, 2-bath Detroit property offers a low entry point and substantial value-add potential. The home requires renovation, but its 1,200-square-foot layout and desirable bedroom-and-bathroom count provide a strong foundation for repositioning.
With controlled renovation costs, an investor can capitalize on the purchase-to-ARV spread through a profitable fix-and-flip or prepare the property for long-term rental income. Its location within the 48205 area and affordable acquisition price create flexibility for multiple exit strategies.
Asking Price: $24,900
ARV: $115,000
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Details
✅ 4 Bedrooms / 2 Bathroom(s)
✅ 1,200 sq. ft.
✅ Lot Size: 5,227 sq. ft.
✅ Single Family
✅ Year Built: 1946
✅ One-Car Garage
✅ Full Basement
✅ Vacant at Closing
📅 Closing: By 12/04/2026
💵 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