Investment Potential:
This Detroit brick colonial presents a strong value-add opportunity in an area seeing steady investor activity and improving fundamentals. The exterior shows solid masonry and classic early-20th-century architecture, while the interior photos reveal original hardwood floors, built-ins, and a large living room with a centerpiece fireplace—features that respond extremely well to cosmetic renovation. Although the property needs a full interior refresh, including cleanup, paint, flooring refinishing, and mechanical updates, the structure and layout give investors a clean foundation to add value efficiently. With an ARV of $140K and an entry price of just $42K, the spread allows ample room for a profitable fix-and-flip or a BRRRR strategy with strong equity retention after rehab.
Asking Price: $42,000
ARV: $140,000
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SHOWING: Friday, December 19th at 12:00 PM
Details
✅ 3 Bedrooms / 1 Bathroom
✅ 1,144 sq. ft
✅ Lot Size: 3,049 sq. ft.
✅ Year Built: 1916
✅ Detached garage
✅ Partially finished basement
📅 Closing: By 01/09/2026
💵 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