GROSSE POINTE PARK rent to own home - a single family home (4 beds, 2 baths)
This is not a list price. This is an estimate price for the property provided by FirstAmerican. Please note that this is only an estimate and should not be taken as fact or advice. When a list price becomes available we will publish it and along with changes to the contact information.Estimated Value: $261,548
One of the best deals in the Grosse Pointes! Great opportunity for a flip, rental, or owner-occupant looking for a fixer upper and sweat eqity in the desirable "Cabbage Patch" of Grosse Pointe Park - a short walk to the restaurant / shopping / social districts of Charlevoix Ave & Kercheval Ave, as well as Defer elementary and Pierce middle schools. This huge 4 bedroom, 1.1 bath brick bungalow with brick 2-car garage has tons of potential to add value in the approximately 1, 850 sqft of living space above grade, plus 1, 242 sqft basement. Beautiful, tight-grain oak hardwood floors are in great condition. New high-efficiency, triple pane Andersen windows with lifetime warranty installed in 2016. Large, updated kitchen w/ stainless steel appliances includes newer garbage disposal, built-in microwave and dishwasher - luxuries in "The Patch". Although the south side of the house roof looks rough and the entire roof should be replaced, there do not appear to be any visible active leaks. The house is positioned near the middle of the 40x119 lot - set back from the street - and has generous yard space in front and rear. Fenced-in backyard. Covered porches front an...
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d back. Includes access to GP Parks two, resident-only lakefront parks: Windmill Pointe Park + Patterson Park: amenities include boating and water sports on Lake St. Clair + the Detroit River, outdoor pool + splash pad, playgrounds, boardwalk, dog park, indoor gym, fitness center, locker room, luxury movie theaters, golf practice area, racquet/paddle sport courts, outdoor ice rink, gazebos, BBQ picnic areas, and more!This rent to own home is a single family home located in GROSSE POINTE PARK. It offers 0.11 acres in size, 4 beds and 2 baths. Review its detailed information and determine if this GROSSE POINTE PARK rent to own has the qualities you are looking for.
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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.
Consumers BewareConsumers should be aware of scams from people posing to be real estate agents or landlords. So if you're looking to buy or rent make sure you take the proper precautions.
Read more to learn about avoiding scams.
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