• Dearborn, MI 48126

  • 3 Baths 3,052 SqFt
  • Multi-family (2-4 units) / Rent To Own

Property Details for null St, Dearborn, MI 48126

Features

Facts

Sale Type

Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

Description

This multi-family home located in Dearborn's historic Aviation Subdivision and is a promising investment opportunity. Key highlights include: Location: The property is situated in Dearborn's historic Aviation Subdivision. Great Location in the Historic District. Investment Potential: The property can be used for rental units, making it a viable option for real estate investment. Multi-family homes can provide a steady rental income, and this property appears to be in good condition, which is a plus for any investor. Well-Maintained: The fact that the owner has maintained the property well, including solid brick siding and a newer roof, suggests that it may not require immediate, costly renovations or repairs. This is a valuable consideration for potential buyers or investors. Spacious Rooms: The property offers spacious rooms with hardwood floors throughout, which is an attractive feature for renters or buyers looking for comfortable living spaces. Fenced Backyard: The fenced and gated backyard is a bonus for security, privacy, and outdoor activities like barbecues. Convenient Location: Being in the Dearborn School District, close to parks and shopping, adds to the property's appeal. Families with children may find the school district a significant advantage, and the proximity to amenities is a practical benefit. Appraisal: The recent appraisal being above the asking price indicates that the property is potentially undervalued or in high demand. This can be seen as a positive sign for potential investors or buyers. 24 hours notice for all showing requests.

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Property Brokerage: Real Estate One 560 N Milford Milford MI 48381
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All information provided is deemed reliable, but is not guaranteed and should be independently verified.