Detroit Homes with Land Contract Listing Terms

Detroit Homes with Land Contract Listing Terms

Welcome to the vibrant city of Detroit, Michigan, where rich history meets modern living! Nestled in Wayne County, Detroit boasts a dynamic school district that is dedicated to fostering educational excellence and community engagement. The Detroit Public Schools Community District (DPSCD) serves a diverse population and offers a variety of innovative programs aimed at preparing students for success in a rapidly changing world. With a focus on academic achievement, the district prioritizes arts, technology, and vocational training, ensuring that every student has the tools they need to thrive.

For families considering a move to this exciting city, the availability of homes with land contract listing terms presents an attractive opportunity. This flexible financing option allows buyers to purchase a home without the immediate need for traditional bank financing, making it an excellent choice for first-time homeowners or those looking to invest in Detroit’s revitalizing neighborhoods. With a land contract, buyers can negotiate terms directly with sellers, often leading to more accessible payment plans and a smoother path to homeownership.

Detroit is not just about its educational offerings; it’s a city brimming with culture, art, and a resilient spirit. From the iconic Motown Museum to the stunning Detroit Riverwalk, there’s no shortage of attractions to explore. Whether you’re drawn to the bustling downtown area or the peaceful suburbs, Detroit offers a diverse range of housing options that cater to every lifestyle. Embrace the opportunity to be part of a community that values education, innovation, and growth in the heart of Michigan!

Newest Detroit Homes with Land Contract Listing Terms

$65,000
2 Beds 1 Baths 20261070194 MLS ACTIVE Status
INVESTORS AND HOMEOWNERS—DON'T MISS THIS OPPORTUNITY! Solid 2-bedroom, 1-bath Detroit home offering approximately 700 sq. ft. of living space plus a full basement. Whether you're looking to add an income-producing property to your portfolio or an affordable home to make your own, this property offers flexibility, value and upside potential.For investors, a long-term tenant is currently in place and would like to remain, offering the opportunity for immediate rental income from day one. Area rental rates indicate potential for increased rental income, with approximately $1,250/month possible based on current market conditions; buyer to independently verify market rent and rental projections.Major mechanical improvements have already been addressed, including a newer HVAC/furnace system, while the roof is approximately 10 years old or less. The home is solid and functional, with primarily cosmetic updating offering an opportunity to further enhance value and long-term return.Not just for investors—owner-occupants can also take advantage of an affordable home with a full basement, brick and vinyl exterior, newer major mechanicals and the opportunity to personalize the property over time.ESTABLISHED TENANT. IMMEDIATE INCOME POTENTIAL. RENTAL UPSIDE. SOLID HOME. VALUE-ADD OPPORTUNITY. A versatile property with multiple paths for the next owner. Schedule your showing and take a closer look!Licensed real estate agent has an ownership interest in the selling LLC and a financial interest in the transaction

20320 Dresden Street, Detroit

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