Back on Market due to Buyer being unable to secure Financing. This rare 4 bedroom 2 bath bungalow located in Brightmoor is perfect for an investor or first time home buyer not afraid to put in a LITTLE sweat. New siding, roof, and water heater updated recently! For a family its the ideal set up with 3 bedrooms on the main floor and a master located on the entire top floor! Kitchen is spacious for family dinners and the basement is partially finished. Owner was renting out rooms for $600/room x 3= $1,800/month in possible rental income. No tenants staying at the property. Available for Land Contract (MIN. Down Payment-$30,000-NON NEG) BONUS: The City of Detroit has Brightmoor in a planning study right now which means money will be invested to area like Grand River and Livernois! cities revitalization projects and will be getting funding and attention to create more parks, green space and housing access to homeowners in the near future. Land Contract Terms FIRM- Down payment- $30KMonthly Payment- $1158 (includes taxes) 6% Interest Rate (LOW) 72 MONTH CONTRACT.Must maintain homeowners or home rental insurance during entire term. Final Balloon payment of $1,158 at end of 6 years (72 mon) unless paid during term.
Property Type :
Residential
Subdivision :
Lamphere Heights Sub
County :
Wayne
Style :
Residential
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ByOwner last updated this listing 05/16/2024 @ 15:49
MLS: 599446447
LISTED BY: Marrianna Dilorenzo , Keller Williams Metro
SOURCE: Realcomp II Ltd
Buyer Agency Compensation: 3.00%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
