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Key Details
Sold Price $65,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 906 sqft
Price per Sqft $71
Subdivision Laurentian Village Condo
MLS Listing ID 60357041
Sold Date 12/05/24
Style Condo/Apt 1st Flr
Bedrooms 2
Full Baths 1
Abv Grd Liv Area 906
Year Built 1963
Annual Tax Amount $236
Property Description
Investor Opportunity with Flexible Land Contract Terms! This spacious 2-bedroom, 1-bath main-level condo offers incredible potential and the unique opportunity to purchase via a land contract. With $30,000 down, 7% interest, and a $600 monthly payment, this deal includes a 36-month balloon term. Buyer is responsible for taxes, insurance, and HOA dues. It's an excellent option for investors or buyers seeking a manageable path to ownership. The condo features a large master bedroom, ample storage (an 11' x 5' room inside the unit plus a secure 6' x 5' basement storage locker), and a location that can't be beat. Nestled through a quiet courtyard, it's within walking distance of shops, restaurants, and schools and just minutes from downtown Ferndale, Royal Oak, Berkley, and more. Low HOA fees cover heat, water, maintenance, snow removal, landscaping, and a master insurance policy, making this a low-maintenance and affordable choice. This property is priced for its “Investor Special†potential and does need some TLC, but the possibilities are endless. Don't miss this rare chance for affordable, flexible ownership in an ideal location!
Location
State MI
County Oakland
Area Oak Park (63255)
Rooms
Basement Common, Unfinished
Interior
Heating Radiant
Cooling Window Unit(s)
Exterior
Amenities Available Laundry Facility
Garage No
Building
Story Condo/Apt 1st Flr
Foundation Basement
Water Public Water
Architectural Style Ranch
Structure Type Brick
Schools
School District Oak Park City School District
Others
HOA Fee Include Water,Sewer
Ownership Private
Energy Description Natural Gas
Acceptable Financing Land Contract
Listing Terms Land Contract
Financing Cash,Conventional
Pets Allowed Cats Allowed, Dogs Allowed, Size Limit
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with Brookstone, Realtors LLC