
16176 Tracey St
Detroit, MI 48235
3
Bedrooms
2
Bathrooms
1,270
Sq Ft
1930
Year Built

Detroit, MI 48235
3
Bedrooms
2
Bathrooms
1,270
Sq Ft
1930
Year Built
Character-filled bungalow ideal for a savvy investor or hands-on homeowner ready to unlock its full potential. Features a massive unfinished attic with strong upside easily convertible into two additional bedrooms plus a full bath. SELLER FINANCING / LAND CONTRACT TERMS AVAILABLE AT 100,000.00 purchase price, 30,000.00 down payment, 8% interest, 120 Months Term. 849.00/month. Seller financing / Land contract terms are negotiable. Purchaser to pay 395 processing fee at closing. As-is sale. Can be sold separately or combined with 15864 Tracey & 15711 Tracey all located in close proximity.
Property Type
Single Family
Year Built
1930
HOA
None
Listed Price
$89,900
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Owner financing means the seller of 16176 Tracey 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.
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.