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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
27
Photos
3
beds
1
bath
1,280
sqft
Built in
1940
Welcome to 15864 Tracey St, a promising investment opportunity in the heart of Detroit, MI. This vacant single-family home is a blank canvas, ready for your vision and expertise to bring it to life. Perfect for investors or handy home buyers, this property has great potential for renovation and customization. situated in a quiet neighborhood, this property offers a sense of community while being conveniently close to local amenities, schools, and parks. The potential is endless. The interior needs work, making it an ideal project for those with a knack for home improvement and renovation. Transform this house into a stunning family home or a profitable rental property. With the right updates, this property could see significant appreciation, making it a smart investment in Detroit's growing real estate market. Whether you're an investor looking to add to your portfolio or a handy home buyer ready to take on a new project, 15864 Tracey St offers endless possibilities. Schedule a viewing today and envision the potential this property holds. Seller financing land contract terms available: Purchase Price: 85,000.00 Down Payment: 25,000.00 Interest Rate: 8% Monthly Payment: 848.00 LC Term: 96 Months -Taxes & Insurance is NOT included. Sold via warranty deed with a clear title no back taxes or water dues. Buyer to pay $395 processing fee to listing broker. As-is sale. Buyer responsible for city inspections or requirements, if any exist. Call today for more information or to schedule your showing! **Why Invest in Detroit?** Detroit is undergoing a revitalization, with new businesses, restaurants, and cultural attractions enhancing the city's appeal. This property is a fantastic opportunity to get in on the ground floor of Detroit's resurgence.
Features & Amenities
Interior
- Basement:
- Unfinished
- Heating:
- Forced Air, Natural Gas
Exterior
- Style:
- Bungalow
Construction
- Roofing:
- Asphalt
- General:
- Brick, 1 1/2 Story, Basement
Location
- Road/Access:
- Paved
- School District:
- Detroit
- County:
- Wayne
Lot
- Zoning:
- E TRACEY 76 PURITAN UNIVERSITY SUB L49 P39 PLATS, W C R 22/148 35 X 104, W22I031360S
Utilities
- Water:
- Public
- Sewer:
- Sewer-sanitary
This listing courtesy of:
Market Elite Inc, Derek C Lievens
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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