8612 Olivet Detroit, MI ^$ 99,000

8612 Olivet

^$ 99,000

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8612 Olivet

Detroit, MI, 48209

^$ 99,000

Bedrooms3 Baths1.0 Sq 2,200

Monthly Estimate*

^$ 658

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Single Family Home for sale in Detroit, MI

for $99,000 with 3 bedrooms and 1 full bath. This 2,200 square foot home was built in 1900 on a lot size of 0.08.

LAND CONTRACT SELLER FINANCING AVAILABLE or BEST OFFER - ALSO includes separate COMMERCIAL BUILDING address 1000 Lawndale, high power electrical was FORMER laundry Mat. This 3 bedroom almost 4 bedroom with study located upstairs, home features full kitchen, refrigerator and stove included, living room, full bathroom, and dining room. Formerly rented out now vacant with rents in this neighborhood easily go for over 1k per month and business leases easily double that amount. All room sizes are estimated. THIS HOME AND BUSINESS is looking for a new owner/entrepreneur to give this property the love it deserves. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!

Single Family Pending

Price

^$ 99,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 1,178

Style

Bungalow

Lot Size

0.08

Year Built

1900

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60273883

Features

General

Interior Features Cable/Internet Avail.

Heating Forced Air

Kitchen Level Entry

Possession At Close

Water Public Water

Appliances Refrigerator

Status Pending Pending

Full Baths 1

Half Baths 0

Bathrooms 1

Year Built 1900

Pets Allowed Yes

Style Bungalow

County Wayne

Class RESIDENTIAL

Type Single Family

Percent Ownership Private

Municipality Detroit

Subdivision MI

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions Take Fort street or I 75 to Springwells exit- property is located the next block west of Springwells to Lawndale south to Olivet east to corner property.

City Detroit

School District Detroit City School District

Street Name Olivet

Financial Terms Cash

Legal Description E LAWNDALE S 34 FT 1 BLK 1 ROULOS SUB L12 P58 PLATS W C R 20/157 34 X 100

DOM 32

Postal Code 48209

Price Per Sq Ft Total 45

Coming Soon LAND CONTRACT SELLER FINANCING AVAILABLE or BEST OFFER - ALSO includes separate COMMERCIAL BUILDING address 1000 Lawndale

Interior

Basement Unfinished

Beds 3

Fireplace? No

Total Rooms 6

Exterior

Exterior Brick Other Vinyl Siding Wood

Frontage 34

Lot Size Area 0.08

Pool (Y/N) No

Lot Dimensions 34x100

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Rashad Elabed

Listing Agent

Downtown Realty

Broker

rashad@dtrdetroit.com

Affordability Calculator

$756

Per Month

Monthly Principal & Interest: $658
Monthly Property Taxes: $98
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Detroit, MI

Average List Price ^$113,871

Percent of Sale Price 15%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/8/2023	$99,000	-0.90%	Price Down
11/25/2023	$99,900		Listed Price

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8612 Olivet, Detroit, MI, 48209 is a Single Family Home for sale at $99,000 with 2,200 sqft and a lot size of 0.08. 8612 Olivet has 3 bedrooms, 1.0 baths, and was built in 1900. The property's zip code is 48209 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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8612 Olivet

Single Family Home for sale in Detroit, MI

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