We are excited to announce your next investment opportunity. Located in the Krainz Woods Neighborhood of Detroit, this ranch style home offers three bedrooms and one bathroom. Situated on a large corner lot, this home is waiting for a visionary buyer who can transform it into a true gem. Only 12 minutes away from Wayne State University and a 16 minute commute to downtown Detroit. The spacious lot provides ample space for landscaping and outdoor activities, and the proximity to local amenities and schools makes it an ideal location for families and investors alike. Don't miss out on this incredible chance to make your mark in Detroit's exciting housing market. This property is sold in the "AS IS" condition.All of our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication.
14 hours ago | Listing updated with changes from the MLS® | |
6 months ago | Price changed to $58,000 | |
a year ago | Status changed to Active | |
2 years ago | Listing first seen on site |
Provider and Settlement Service | Charge or Range of Charges |
---|---|
Sonic Realty LLC | 1%-6% of purchase price |
Sonic Title Agency, LLC |
Title Insurance Policy: $950 - $1706 on a $250,000 property. (Rates vary and are dependent on the state, selling price, and loan amount on the property.) Title Search Fee: $250 - $325 (where applicable) Closing Fee: $450 - $650 |
Sonic Loans Inc. This company provides various real estate mortgage loan origination activities either as a third-party originator or a mortgage broker, including loan pre-qualification, competitive bid process (when providing third-party origination services), loan origination, loan pre-approval, loan structuring, processing, and closing. |
Loan Origination Charge: 0-3 % of loan amount (may include 3rd party fees) Loan Discount Fee/points: 0.5%-6% of loan amount. Application/Processing Fee: $0.00 - $875.00 Flood and tax service: $0.00 - $95.00 Underwriting Fee: $0.00 - $1295.00 Document Review Fee: $0.00 - $400.00 Appraisal Fee: $0.00 - $850.00 Credit Report Fee: $0.00 - $135.00 Actual charges may vary according to the particular lender selected, the particular services provided, and the underlying transaction, borrower selections, etc. Some or all of these fees may be charged by third parties and/or the Member Mortgage Lender/Mortgage Broker. The Member Lenders and Mortgage Brokers have agreed to pay a fee ranging from 0.5% to 2.75% of the loan amount to Sonic Loans in connection with a range of loan origination services provided by Sonic Loans to the Member Lender/Mortgage Broker. The fees are paid either directly to Sonic Loans by the Member Lender/Mortgage Broker or billed directly to you at closing. |
Provider and Settlement Service | Charge or Range of Charges |
---|---|
Appraisal Fee | $0-$800 |
Credit Report Fee | $63-$125 |
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.