$20,000
$25,000
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3040 DORIS Street Detroit, MI 48238
3 Beds
1 Bath
1,248 SqFt
Key Details
Sold Price $20,000
Property Type Single Family Home
Sub Type Colonial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,248 sqft
Price per Sqft $16
Subdivision R Oakmans Ford Hwy & Dexter Blvd (Plats)
MLS Listing ID 20230039135
Style Colonial
Bedrooms 3
Full Baths 1
Year Built 1924
Annual Tax Amount $584
Lot Size 3,920 Sqft
Property Description
This would make a great family home. It's also an excellent opportunity to invest for a savy investor!! Rental rates in Detroit are near or above $1,000 per month. This deal offers a low $300 monthly payment for two years. After renovations this home will "CASH FLOW" in no time.
Land Contract terms are as follows: $10,000 Down Payment. $300 monthly payments. Balance due in 24 months. After maintaining a good payment history for the 2 year term, the Seller is willing to consider the option of extending the monthly payments for a third year if you desire more time. CASH FLOW! CASH FLOW! CASH FLOW! while you work on renovating your next income generating property. Buyer to pay $695 processing fee to REMS. This property is being sold As-Is. Property details believed to be accurate but is not warranted. Buyer and BATVAI. A licensed agent is required to be present for all showings. SentriLock access. One day code requests will not be honored.
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Interior
Hot Water Natural Gas
Heating Forced Air
Fireplaces Type Natural
Exterior
Garage Description No Garage
Roof Type Asphalt
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Vinyl
Schools
School District Detroit
Others
Assessment Amount $240
Acceptable Financing Cash, Contract
Listing Terms Cash, Contract
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Bought with Integrity Real Estate Solutions, LLC