Priced at $59,900 with an estimated ARV of $150,000, this 3-bedroom Harper Woods property offers strong value-add potential in an established rental market. Its manageable 1,010-square-foot layout allows an investor to focus renovation funds on targeted updates that improve functionality, tenant appeal, and overall market value.
The favorable purchase-to-ARV spread creates flexibility for a traditional fix-and-flip, while the practical layout and location support a strong fix-and-rent strategy. With controlled renovation costs, an investor can build meaningful equity and position the property for resale or long-term rental income.