Investment Potential:
This duplex presents a strong buy-and-hold opportunity in a growing Romulus market with steady appreciation and rental demand. The property features two units (2/1 and 1/1) with separate electric panels, offering flexibility for tenant placement and utility management. The overall condition appears well maintained, with solid structure, clean interiors, and functional mechanicals, allowing investors to minimize upfront renovation costs and focus on light updates if desired. With over 1,500 sq. ft. of living space, this asset provides immediate income potential with room to optimize rents through minor improvements.
With an ARV of $235,000, this property offers significant upside and positions itself as a strong BRRRR or long-term hold. Investors can capitalize on stable cash flow from both units while benefiting from appreciation in an area showing consistent growth. The combination of condition, layout, and market strength makes this a low-risk, high-potential asset for building long-term equity and rental income.
Asking Price: $168,900
ARV: $235,000
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HOUSE ACCESS: Tuesday, April 28th at 12:00 PM
Details
✅ Duplex – 2 Units (2/1 & 1/1)
✅ 3 Bedrooms / 2 Bathrooms
✅ 1,536 sq. ft
✅ Lot Size: 0.41 Acres
✅ Year Built: 1942
✅ Two Car Garage
✅ Full Basement
📅 Closing: By 05/10/2026
💵 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