Property Description:
Investment Potential:
This property presents a classic fix-and-flip opportunity in the desirable Hamtramck market, where buyer demand remains strong. The home offers a spacious 4-bedroom layout with approximately 1,500 sq. ft., making it attractive to retail buyers seeking larger homes. As an owner-occupied property, it has been maintained and provides a solid foundation for a renovation focused primarily on cosmetic updates and modernization.
With an asking price of $163,900 and an ARV of $250,000, this deal offers a strong spread and clear upside potential. Investors can capitalize by updating the finishes and bringing the property back to market in an area where renovated homes continue to sell quickly. The combination of location, size, and manageable rehab scope makes this a strong investment opportunity.
Asking Price: $163,900
ARV: $250,000
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Details
4 Bedrooms / 1 Bathroom
1,500 sq. ft.
Lot Size: 2,613 sq. ft.
Single Family
Year Built: 1924
Full Basement
Garage: 2-Car Garage
Closing: By 10/23/2026
EMD: Required within 24 hrs of signing
Buyer Agents: Welcome – 2.7% commission
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