Investment Potential:
This property presents a standout high-margin opportunity in one of the most desirable and competitive markets in the state—Royal Oak. With an asking price of $379,900 and strong comparable sales supporting an ARV of $550,000—and some recent sales reaching up to $800,000—the upside on this deal is significant. The home offers nearly 2,800 sq. ft. with a spacious 3-bedroom, 2-bath layout and classic 1920s character, providing a strong foundation for a premium renovation. The property is in good condition as-is, allowing investors to focus on strategic upgrades and modern finishes rather than heavy structural work, making this a high-certainty project in an area where properties consistently sell quickly and often above asking.
Located in a corridor experiencing ongoing redevelopment and new construction, this property is positioned to benefit from continued appreciation and strong retail demand. Investors can capitalize by executing a high-end fix-and-flip tailored to today’s buyer expectations or by repositioning the asset for long-term value in a blue-chip location. With low days on market, strong comps, and consistent buyer competition, this can truly be one of the deals of the year for the right buyer, offering a rare combination of scale, location, and exceptional profit potential.
Asking Price: $379,900
ARV: $550,000
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SHOWING: Saturday, March 21st at 12:00 PM
Details
✅ 3 Bedrooms / 2 Bathrooms
✅ 2,789 sq. ft
✅ Lot Size: 5,053 sq. ft.
✅ Year Built: 1925
✅ Two-car garage
✅ Full basement
📅 Closing: By 04/17/2026
💵 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