Owner Finance Available
1531 W Warren Ave
Detroit, MI 48208
🛏️
4
Bedrooms
🚿
5
Bathrooms
📏
—
Sq Ft
📅
1911
Year Built
Detroit, MI 48208
4
Bedrooms
5
Bathrooms
—
Sq Ft
1911
Year Built
4-unit, 75% occupied, in highly desirable Woodbridge. All units are 1BR/1BA currently generating $3,065/month. Seller Financing Offers must be at least 20% down and a 2 year balloon payment. Located on a tree-lined street near Wayne State, Henry Ford Hospital, DMC, and downtown amenities. Strong rental demand in the area makes this a great opportunity for investors seeking consistent cash flow. Walkable to restaurants, shops, and parks. Turnkey property in a prime Detroit neighborhood.
Property Type
Multi_family
Year Built
1911
HOA
None
Listed Price
$509,000
Free account - No credit card required
Owner financing means the seller of 1531 W Warren Ave 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.
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.
Down payment terms are negotiable. Sign up for free to get the specific financing details for this Detroit property.