3138 Canton St
Detroit, MI 48207
6
Bedrooms
1
Bathrooms
2,376
Sq Ft
1913
Year Built
About This Property
Meticulously Renovated Two-Family Flat in Islandview; Discover the perfect blend of investment potential and modern living with this beautifully updated two-family flat. Each spacious unit offers 3 bedrooms and 1 full bathroom, thoughtfully designed with high-end finishes that balance timeless charm and contemporary comfort. Whether you're looking to live in one unit and rent the other, or add a turnkey property to your portfolio, this home delivers exceptional value. The renovations include stylish new kitchens, updated bathrooms, new plumbing and electrical, and durable modern flooring, ensuring peace of mind and low-maintenance ownership. At 1,200 square feet per unit, the floor plans provide generous living space, natural light, and inviting layouts that make residents feel right at home. With two separate entrances, ample storage, and carefully selected finishes throughout, this property is ready to welcome tenants or an owner-occupant with ease. Located just minutes from Downtown Detroit, you'll enjoy convenient access to restaurants, entertainment, and major expressways while still being tucked into the blossoming Islandview neighborhood. Fully updated with new electrical, plumbing, heating and cooling, roof, exterior, kitchens, baths and windows. Nothing was untouched in this full-gut renovation. Brand new water heaters (x2), furnaces (x2), ductwork and central air condensers (x2) will be installed prior to the closing. Seller finance terms available with 25% down and 8.75% interest rate.
Property Details
Property Type
Multi_family
Year Built
1913
Lot Size
3,049.2 sq ft
HOA
None
Listed Price
$299,000
Owner Financing Terms
Why Owner Financing?
- ✓ No bank qualifying
- ✓ Bad credit OK
- ✓ Fast closing
- ✓ Flexible terms
Free account - No credit card required
Frequently Asked Questions About Owner Financing in Detroit
What is owner financing for 3138 Canton St?
Owner financing means the seller of 3138 Canton St acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in Detroit, MI is available with owner financing terms.
Do I need good credit for owner financing?
No! One of the biggest advantages of owner financing is that you typically don't need to qualify through a bank. This makes it possible to buy a home even with bad credit, no credit history, or self-employment income that's hard to document.
How much is the down payment for this Detroit home?
Down payment terms are negotiable. Sign up for free to get the specific financing details for this Detroit property.