Investment Potential:
This property presents an excellent low-entry investment opportunity in a solid Detroit neighborhood with an asking price of just $27,900. Offering over 1,200 sq. ft. and a functional 3-bedroom layout, the home appears to require only light cosmetic updates, making it a straightforward project with controlled renovation costs.
With an ARV of $110,000, this deal offers a strong spread and multiple exit strategies. Whether you’re planning a quick fix-and-flip or a long-term rental, the combination of minimal work, a very low acquisition cost, and strong upside makes this an outstanding value-add opportunity.
Asking Price: $27,900
ARV: $110,000
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Details
✅ 3 Bedrooms / 1 Bathroom
✅ 1,241 sq. ft.
✅ Lot Size: 3,659 sq. ft.
✅ Year Built: 1941
✅ Driveway
✅ Full Basement
✅ Vacant at Closing
📅 Closing: By 08/15/2026
💵 EMD: Required within 24 hrs of signing
👥 Buyer Agents: Welcome – 2.7% commission
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📧 Email: office@reidailydeals.com