18555 Lumpkin St, Detroit, MI 48234

$40,000
3
BD
2
BA
900
SqFt

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Sold Price
$40,000
List Price
$40,000
Closing Date
Oct 18, 2024
MLS#
20240057825
Status
CLOSED
Bedrooms
3
Bathrooms
2
Total Square Footage
900
Subdivision
MAPLEVIEW (PLATS)

Property Description

Discover this 3-bedroom, 2-bathroom single-family home in the Northeast Central District neighborhood. The exterior is well-maintained, offering a promising canvas. Interior improvements are needed, particularly in the kitchen and bathrooms, presenting an ideal opportunity for buyers to enhance and customize. Seller financing is a great way to buy if you can’t qualify for a traditional mortgage, offering a unique opportunity to own your dream home. With a land contract, you can enjoy the benefits of owning without the immediate need for bank approval. Ask about the option to buy the house subject to the existing mortgage, which can provide you with a much lower interest rate and payment. This property should rent for $1,100-$1,300 per month, depending on updates and improvements made. This is an excellent opportunity for buyers looking for creative financing solutions. Don't miss out—contact us today for more details!

Additional Information

Year Built
1954
Basement Type
Unfinished
Foundation
Basement, Poured Concrete
Acres
0.11
Style
Ranch
Acres
0.11
School District
Detroit
Heating
Forced Air, Natural Gas
Exterior Features
Lighting
Garage Description
None, Shared Driveway

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Wise Property Buyers 7349684359

Selling Office: NPG Real Estate.

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