6011 Charles St, Hamtramck, MI 48212

A Great Investment Opportunity in Detroit, MI Property Details A classic single-family house featuring 3 bedrooms, 1.5 bathrooms, and 1,062 sqft of living space on a 3,920 sqft lot with a detached 480 sqft garage. • Roof: Requires patching • Furnace: Replacement needed • AC: Not specified • Plumbing: Not specified • Electrical Panel: 200-amp upgrade required • Water Heater: Replacement needed The property will be delivered vacant at closing. Investment Highlights • Solid 1948 brick construction offering durability and timeless appeal • Full unfinished basement with potential to significantly increase ARV ($155k-$165k finished vs. $105k-$115k unfinished) • Strong market conditions: Very competitive market with only 19 days average on market and 5.85% appreciation rate • Excellent buyer demand in this zipcode: 100% sales rate on blasted deals with average of 15 interested buyers per property • Comprehensive scope of work clearly defined at $67k (with basement finish) for maximum value creation • Estimated rental income of $1,200/month for buy-and-hold investors • Recent comparable sales support strong ARV of $155k-$165k with finished basement Financial Summary • ARV (After Repair Value): $155,000 - $165,000 A Wonderful Wholesale Opportunity!