UPDATED:
12/03/2024 01:51 AM
Key Details
Property Type Condo
Sub Type Ranch
Listing Status Pending
Purchase Type For Sale
Square Footage 906 sqft
Price per Sqft $71
Subdivision Laurentian Village Condo
MLS Listing ID 20240088835
Style Ranch
Bedrooms 2
Full Baths 1
HOA Fees $250/mo
HOA Y/N yes
Originating Board Realcomp II Ltd
Year Built 1963
Annual Tax Amount $236
Property Description
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
Direction Park Behind back to enter apartment building thru left red door
Rooms
Basement Unfinished, Common
Interior
Interior Features 100 Amp Service, Circuit Breakers
Heating Radiant
Cooling Window Unit(s)
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Parking Features 2+ Assigned Spaces
Garage Description No Garage
Roof Type Asphalt
Road Frontage Paved
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Ranch
Warranty No
Level or Stories 1 Story Ground
Structure Type Brick
Schools
School District Oak Park
Others
Pets Allowed Cats OK, Dogs OK, Size Limit
Tax ID 2532104086
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Contract, Conventional
Listing Terms Cash, Contract, Conventional
Financing Cash,Contract,Conventional
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