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Owner finance

$75,000

3347 Gratiot Ave

Detroit, MI 48207

Rent estimate$1,675/mo
Listed by

Randi Brandt-Alves, @properties Christie's Int'l · (810) 923-0245

What the listing says

Buildable corner lot with frontage on Gratiot Avenue available. A mixed use building previously sat on the lot. Current owner attempted to renovate the existing building and it ultimately had to be demolished. Close to Eastern Market and downtown, endless opportunities, prime location. Seller financing available.

See the original listing ↗

This listing mentions owner financing. Terms are set by each seller and are negotiable. The description and numbers come from the listing and Zillow; confirm availability, the price and any financing with the seller or their agent.

Property Details

Property Type

Land

Lot Size

2,613.6 sq ft

HOA

None

More owner-financed homes near Detroit

Questions about owner financing in Detroit

What is owner financing for 3347 Gratiot Ave?

Owner financing means the seller of 3347 Gratiot Ave acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. The listing for this Detroit, MI home mentions owner financing; confirm it with the seller.

Do I need good credit for owner financing?

There's no bank approval, but each seller sets their own requirements. Some check credit, income or references; others don't. Ask the seller or their agent what they need.

How much is the down payment for this Detroit home?

There is no standard down payment. The seller of this Detroit home sets their own, and it is negotiable. Ask the seller or their agent.

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