612 Lakewood St
Detroit, MI 48215
4
Bedrooms
1
Bathrooms
1,427
Sq Ft
1920
Year Built
About This Property
Unlock the potential of this spacious Detroit home, ready for your finishing touches. Whether you re an investor searching for your next project or a homeowner looking to build equity, this property offers a fantastic opportunity without requiring a full-scale renovation. With a solid foundation to work from, it won t take much to transform this house into something truly special. Conveniently located near major highways, schools, parks, shopping, and everyday amenities, you ll enjoy easy access to everything Detroit has to offer. Don t miss your chance to bring your vision to life. Schedule your private showing today! Purchaser to pay 395 processing fee. As-is sale. SELLER FINANCING / LAND CONTRACT TERMS AVAILABLE AT 140,000 PURCHASE PRICE, 40,000 DOWN PAYMENT, 8% INTEREST, 120 MONTH TERM. 1092 / MONTH. seller financing/land contract terms are negotiable.
Property Details
Property Type
Single Family
Year Built
1920
Lot Size
5,662.8 sq ft
HOA
None
Listed Price
$130,000
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 612 Lakewood St?
Owner financing means the seller of 612 Lakewood 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.