Property Description:
Investment Potential:
Priced at just $24,900 with an estimated ARV of $95,000, this 3-bedroom Detroit property offers a low entry point and solid value-add potential. Its compact 812-square-foot layout creates a manageable renovation project where investors can concentrate capital on essential repairs, cosmetic updates, and market-ready finishes.
The significant spread supports both a fix-and-flip and fix-and-rent strategy. By controlling renovation costs, an investor can reposition the property for resale or create equity while adding an affordable long-term rental to their portfolio.
Asking Price: $24,900
ARV: $95,000
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Details
4 Bedrooms / 1 Bathroom
812 sq. ft.
Lot Size: 3,179 sq. ft.
Other Basement
Two-Car Garage
Single Family
Year Built: 1909
Closing: By 10/11/2026
EMD: Required within 24 hrs of signing
Buyer Agents: Welcome – 2.7% commission
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