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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
20
Photos
18555 LUMPKIN Street, Detroit, MI 48234
$40,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
2
baths
900
sqft
Built in
1954
Discover this 3-bedroom, 2-bathroom single-family home in the Northeast Central District neighborhood. The exterior is well-maintained, offering a promising canvas. Interior improvements are needed, particularly in the kitchen and bathrooms, presenting an ideal opportunity for buyers to enhance and customize. Seller financing is a great way to buy if you can’t qualify for a traditional mortgage, offering a unique opportunity to own your dream home. With a land contract, you can enjoy the benefits of owning without the immediate need for bank approval. Ask about the option to buy the house subject to the existing mortgage, which can provide you with a much lower interest rate and payment. This property should rent for $1,100-$1,300 per month, depending on updates and improvements made. This is an excellent opportunity for buyers looking for creative financing solutions. Don't miss out—contact us today for more details!
Features & Amenities
Interior
- Laundry:
- Gas dryer hookup, Washer hookup
- Basement:
- Unfinished
- Heating:
- Forced air, Natural gas
Exterior
- General:
- Lighting
- Style:
- Ranch
- Other Structures:
- Patio
- Pool:
- None
- Parking:
- Assigned 2 spaces, No garage, Shared driveway
Construction
- Roofing:
- Asphalt
- General:
- Vinyl siding, One, Basement, Poured
Location
- Road/Access:
- Paved
- Originating MLS:
- Realcomp II Ltd
- School District:
- Detroit
- County:
- Wayne
Lot
- Zoning:
- W LUMPKIN 294 N 15 FT 293 MAPLEVIEW SUB L35 P78 PLATS, W C R 9/161 45 X 111.01A, W09I015430S
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- Realcomp II Ltd
This listing courtesy of:
Wise Property Buyers, TJ Brisbois
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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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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