$55,000 for Sale
1985 orleans street, detroit, MI 48207
Beds 2 | Baths 2 | 972 Sqft |
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Property Description
* * * LAND CONTRACT TERMS AVAILABLE- $80K Sale price, 8% Interest, $30K Downpayment, $1,221.00 P & I payments. Paid in full after a 4 years. NO PREPAYMENT PENALTY!! * * * Location! Location! Location! Welcome to Parc Lafayette Condominiums. This large Courtyard style Condo development is perfectly situated just 1 block away from Detroit’s Dequindre Cut, walking distance to Detroit’s Eastern Market, and a 5-10 minute drive can get you to the Detroit River Walk, the Sporting & Entertainment venues, Detroit's casinos, restaurants, great shopping, and the bridge to Canada. Enjoy sipping your smoothie on the balcony overlooking the finely maintained courtyard lawn or look through the floor to ceiling windows form the comforts of your dining table. This Diamond in the Rough is perfectly priced for the visionary who can see past the clutter to customize this cozy unit and make it their own. Only cosmetic updates are needed. Optional upgrades will certainly add to your value. Comparable sales in the complex average $110K and up. Inspections will be for informational purposes only. Being sold As-Is & Where-is. The Seller is motivated to sell and will not make any repairs. The HOA fee covers Water, Heat, AC, Storage unit, and an assigned one car underground parking space. This area is very walkable and perfect for biking. Close to Gratiot, E Jefferson, I-75, and M-10 Lodge Freeways and public transportation. Schedule your tour today. A Licensed MI Realtor must be present for all showings. BATVAI.
General Information
Sale Price: $55,000
Price/SqFt: $57
Status: Active
MLS#: 20251004408
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: wayne county condo plan no 156 (parc lafayette)
Acres: 0
Bedrooms:2
Bathrooms:2 (1 full, 1 half)
House Size: 972 sq.ft.
Acreage:
Year Built: 1966
Property Type: Condo
Style: Other
Features & Room Sizes
Bedroom: 13 X 11
Bedroom - Primary: 16 X 11
Bath - Full: 8 X 5
Bath - Lav: 5 X 5
Kitchen: 16 X 8
Living Room: 20 X 12
Paved Road: Paved
Garage: No Garage
Garage Description: 1 Assigned Space,Parking Structure
Construction: Brick
Exterior: Brick
Exterior Misc: Grounds Maintenance,Lighting
Basement: No
Foundation : Slab
Appliances: Dishwasher,Dryer,Free-Standing Electric Range,Free-Standing Refrigerator,Washer
Cooling: Central Air
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $468
Est. Winter Taxes: $5
HOA fees: 1
HOA fees Period: Monthly
Legal Description: W ORLEANS BLDG 2 CONDO 30WAYNE COUNTY CONDOMINIUM SUB PLAN NO 156-PARC LAFAYETTE L20819 PG'S 720-62 DEEDS, W C R 7/105 .88% AKA 1985 ORLEANS-APT 263

IDX provided courtesy of Realcomp II Ltd. via Tremaine Real Estate and Realcomp II Ltd, ©2025 Realcomp II Ltd. Shareholders
Listing By: Kimberly Robinson of Real Estate Management Specialists Inc, Phone: (313) 533-6300