12725 Lauder St, Detroit, MI 48227

$57,500 Asking Price

3 beds
1 bath
1,064  sqft
Built in 1927

Fantastic opportunity for new homeowners looking for affordability or investors seeking a turn-key cash-flow property!! Nicely renovated 3BR 1BA home with newer roof, vinyl siding and windows!! Full basement and updated kitchen as well!! Qualifying first time homebuyers can combine down payment assistance programs for an ultra low mortgage payment!! Creative investors or buyers who need alternative financing can negotiate land contract terms or a rent to own/lease option package with this seller!! Home has passed inspections and an FHA appraisal is complete - just move right in!!


Features & Amenities

Interior

Appliances:
Dryer,Range/Oven,Washer
Basement:
Unfinished
Heating:
Natural Gas, Forced Air

Exterior

General:
Vinyl Siding, Fenced Yard
Style:
Bungalow

Construction

General:
1 1/2 Story, Basement

Location

Road/Access:
Paved Street
Originating MLS:
RealComp
School District:
Detroit City School District
County:
Wayne

Lot

Zoning:
W LAUDER 464 STRATHMOOR SUB L32 P22 PLATS, W C R 22/73 40 X 100, W22I042545S

Utilities

Water:
Public Water
Sewer:
Public At Street

Financial

Source:
RealComp

This listing courtesy of:
Century 21 Curran & Oberski, Craig Covert

About Detroit, MI

Housing

Number of Units
292,561
Median Home Value
$70,234
Median Rent
$679

53.65% of housing units are renter occupied.

18.25% are vacant.

Commute

Car
71.17%
Public Transportation
5.99%
Walk to Work
3.15%
Work from Home
17.73%
Other
1.42%

The median travel time to work is 23 minutes.

People

Population
593,210
Median Age
36.40
Median Household Size
2.38

Education

High School
33.32%
Associate’s Degree
7.33%
Bachelor’s Degree
9.43%
Graduate Degree
6.96%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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