Property Description:
A rare investment opportunity in the highly desirable Jefferson Chalmers district.
Nearby Riverside Dr comp sold for $320K — larger square footage, but this home is closer to the water. Ideal flip or long-term hold.
“You can renovate square footage, but you can’t move the river! This is a chance to own one of the closest homes to the Detroit River under market value. Act fast – this area is heating up fast!”
💸 Investor Math:
ARV Estimate: $310K–$330K
Highest Nearby Comp: Riverside Dr – Sold for $320K with more square footage
Target Cash Offer Range: $220K–$245K (70% of market value)
Condition: Needs updates — perfect for flip or rental conversion
• Brick Colonial in a quiet, historic neighborhood
• 1 block from the Detroit River
• Close to Rivertown parks, canals, and redevelopment zones