Buy - Sell - Rent - Invest

DESIGN MILL LLC

29488 WOODWARD AVE STE 446
ROYAL OAK, MI 48073
 (248) 470-8648
Contact Us

DESIGN MILL LLC

29488 WOODWARD AVE STE 446
ROYAL OAK, MI 48073
 (248) 470-8648
Contact Us


222 Lakewood St, Detroit, MI 48215

3 Bedrooms / 1.8 Baths / Single Family

Property Status:  For Sale | $225,000.00 (Wholesale) | 


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?? ?? Cash Buyer Alert – 222 Lakewood St, Detroit, MI 48215 ???? Location, Location, LOCATION – Only 1 Block from the Detroit River!


Property Status:
For Sale | $225,000.00 (Wholesale)

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Property Details:
Property Style:
2-Story
Year Built:
1950
Finished Sq. Ft:
1,059
Garage:
1 Car Detached
Basement:
Partial Basement
Owner/Agent:
Wholesale

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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



Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee.

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