Property Description:
Investment Potential:
This well-maintained single-family home presents a strong investment opportunity in highly desirable Royal Oak, featuring a 3-bedroom, 1-bath layout across 1,280 sq. ft. with a full basement and two-car garage. The property is in near move-in-ready condition, making it ideal for investors seeking a light cosmetic renovation or a quick turnaround. Strategic upgrades, including the potential addition of a second bathroom, could further increase resale value while keeping the renovation scope manageable.
With an asking price of $274,900 and an ARV of $365,000, this deal offers a solid spread in one of Metro Detroit's most sought-after markets. Investors can complete a minimal refresh for a fast resale or execute a value-add renovation to maximize returns. Strong buyer demand, an excellent location, and multiple profitable exit strategies make this an outstanding fix-and-flip opportunity.
Asking Price: $274,900
ARV: $365,000
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Details
3 Bedrooms / 1 Bathroom
1,280 sq. ft.
Year Built: 1953
2-Car Garage
Full Basement
Closing: By 07/31/2026
EMD: Required within 24 hrs of signing
Buyer Agents: Welcome – 2.7% commission
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