Fix&Flip (Single Family): 18642 Lancashire, Detroit, MI 48223 + PENDING
- Promise Land Realty
- Apr 28
- 3 min read
Updated: May 6
Single Family Investment Opportunity
Price
$162,900
OFF-MARKET INVESTMENT OPPORTUNITY
18642 Lancashire St
Prime Detroit Flip | North Rosedale Park
📍 18642 Lancashire St, Detroit, MI 48223Located in North Rosedale Park
Asking Price: $162,900
Executive Summary
Promiseland Realty presents an exceptional off-market value-add opportunity in the highly sought-after North Rosedale Park neighborhood—one of Detroit’s most stable, desirable, and architecturally rich residential communities.
This is a premium flip or long-term hold opportunity with strong upside, located in a neighborhood known for higher ARVs, strong homeowner demand, and consistent appreciation.
With a clear renovation plan and strong comparable sales in the area, this deal is ideal for
investors looking to execute in one of Detroit’s top-tier west side submarkets.
Photos & Comps: https://drive.google.com/drive/folders/1Jv_Jp1T7SruTy8oEkZ7vVhEI95TneQ83?usp=sharing
Deal Snapshot
Purchase Price: $162,900
Estimated Renovation: $65,000
ARV: ~$315,000
Exit Strategies: Flip | BRRRR | Long-Term Hold
Contractor: Same experienced, licensed GC as Rosedale Ct project
Investment Highlights
Prime North Rosedale Park Location – One of Detroit’s most respected and stable neighborhoods
Strong ARV Comps (~$300K+) – Higher ceiling than many surrounding areas
Solid Spread – Attractive margin for experienced flippers
Proven Contractor Team – Budget backed by a licensed Detroit builder
High End-User Demand – Ideal resale market for renovated homes
Location Advantages
Situated in North Rosedale Park, this property benefits from:
Tree-lined streets and historic, well-maintained homes
Strong community association and neighborhood pride
Close proximity to Rosedale Park Historic District
Easy access to major corridors and surrounding retail
North Rosedale Park is widely considered a top destination for Detroit homebuyers, making it ideal for resale or long-term appreciation plays.
Projected Numbers (Flip Scenario)
All-In Cost: ~$227,900
ARV: ~$315,000
Projected Gross Profit: ~$87,000 (before holding/selling costs)
Investment Thesis
This deal offers a rare opportunity to acquire a property in a high-demand, high-ARV Detroit neighborhood at a price point that still allows for meaningful margin.
The combination of:
Strong neighborhood fundamentals
Proven renovation scope
Reliable contractor backing
…positions this as a clean, executable investment with upside.
Call to Action
Opportunities in North Rosedale Park at this price point are limited and move quickly.
Serious inquiries only. Submit all offers and requests for additional details to:📧 investments@promiselandrealtyllc.com
Property Map
TEAM PROMISELAND DISCLAIMER: No one is permitted to market, advertise, or distribute this listing without express written permission or verified membership within the TEAM PROMISELAND network. Unauthorized use or sharing of this opportunity, photos, or property information will result in a $500 fine per incident, enforceable by law.
All off-market properties are sold As-Is, Where-Is. Buyer is responsible for conducting their own due diligence. Properties are conveyed via warranty deed, and Promiseland Realty LLC is selling its assignable contractual interest.
Proof of Funds is required with all offers. Earnest Money Deposit (EMD) is due within 48 hours of accepted offer. All closings are facilitated through a licensed title company or closing attorney.
Realtors & Brokers: You are welcome to bring a buyer — please add your fee on top of our asking price.
Trusted by over 50,000+ Investors. Featured on BiggerPockets:
Permission to Market Promiseland Deal
Personalized Support from the Promiseland team
Custom List of Legitimate Cash Buyers to move your deals faster
Start playing to win. Join TEAM PLR PLAYMAKER today.
Team Promiseland Partners – Sponsor Benefits
Direct exposure to a nationwide network of active investors, wholesalers, and buyers
Featured placement on the Promiseland Realty website and deal room
Promotion in daily email blasts reaching high-intent real estate professionals
Access to our private deal network (buyers, lenders, and operators)
Consistent inbound leads from real deal flow—not just traffic
Position your brand as a trusted, vetted service provider in the community
Opportunities to connect on live deals and build long-term partnerships
The #1 Source for Off Market Real Estate.
PROMISE LAND REALTY LLC
Work: 864-762-2509
Trusted by 50,000+ Investors. Featured on BiggerPockets:
PROMISELAND DISCLAIMER:
Promiseland Realty LLC is a nationwide real estate consulting firm specializing in off-market investment opportunities, strategic acquisitions, and real estate advisory services.
No one is permitted to market, advertise, or distribute this listing without express written permission or verified membership within the TEAM PROMISELAND network. Unauthorized use or sharing of this opportunity, photos, or property information will result in a $500 fine per incident, enforceable by law.
All off-market properties are sold As-Is, Where-Is. Buyer is responsible for conducting their own due diligence. Properties are conveyed via warranty deed, and Promiseland Realty LLC is selling its assignable contractual interest.
Proof of Funds is required with all offers. Earnest Money Deposit (EMD) is due within 48 hours of an accepted offer. All closings are facilitated through a licensed title company or closing attorney.
Realtors and Brokers: You are welcome to bring a buyer — please add your fee on top of our asking price.
Comments