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3709 Haverhill St, Detroit, MI 48224
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Property Details
This 1,305 sq ft, 2-story brick home offers a classic Detroit layout with 3 bedrooms and 1 bath and is primed for a full renovation and value-add reposition. The property is ready for rejuvenation, making it an ideal opportunity for investors looking to execute a clean rehab and capitalize on solid resale or rental demand. Located in a stable residential pocket on Detroit’s east side, the surrounding neighborhood features predominantly single-family homes with long-term ownership, contributing to consistent community pride and steady buyer interest. The area benefits from convenient access to major corridors, employment hubs, schools, and neighborhood retail, supporting both owner-occupant and rental demand. Continued revitalization efforts and investor activity in nearby blocks have helped strengthen values and improve overall market confidence. From an investment standpoint, the numbers are compelling. With an ARV of approximately $181,000, an asking price of $67,750, and estimated repairs of $69,165, this project presents a strong spread for a fix-and-flip or BRRRR strategy. The 2-story footprint allows for an efficient floor plan redesign, while the home’s size and bedroom count align well with current buyer and tenant preferences. Whether you’re looking to renovate and resell, or stabilize as a long-term rental, this property checks the boxes for investors seeking a well-located Detroit rehab with upside potential and clear exit strategies.