1550 Cherboneau Place #127 # 127 Detroit, MI $ 39,900
1550 Cherboneau Place #127 # 127
$ 39,900
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1550 Cherboneau Place #127 # 127

Detroit, MI, 48207
$ 39,900
Bedrooms2 Baths1.0 Sq 900

Monthly Estimate*

$ 249

1550 Cherboneau Place #127 # 127, Detroit, MI 48207 - Image 1
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Condo for sale in Detroit, MI

for $39,900 with 2 bedrooms and 1 full bath. This 900 square foot condo was built in 1963.

Amazing Opportunity at a Unbeatable New Price-Historic Lafayette Park Co-op! This first floor, 2 bedroom unit is in need of some TLC and is priced accordingly. Make this home your own with fresh paint, new flooring, and appliances. Lots of storage space. You cannot beat the location, walkable to all of the best that Downtown has to offer: Dequindre Cut, Eastern Market, the Riverwalk, sports venues, dining, entertainment galore! Cherboneau Place offers residents a great community feel and many amenities included gated parking, beautiful grounds, a community room, library, on-site laundry, exercise room, workshop, and secure, private storage. There is also an elevator for added convenience. Super affordable living that includes property taxes, water, heat, building maintenance, a/c maintenance, trash in the HOA. Co-op approval required for purchase. CASH terms, owner-occupied only. Pets are not permitted. Sale subject to probate court approval-Estate Sale.

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Condo Contingent

Price

$ 39,900

Bedrooms

2

Full Bath

1

Property Type

Condo

Taxes

$ 0

Style

Common Entry Building,Ranch

Year Built

1963

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20250027069

Features
Interior
Interior Amenities Elevator
Basement Common Unfinished
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 900.0
Half Baths 0
Total Bedrooms 2
Total Baths 1
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General
Sewer PublicSewer
Heating Baseboard NaturalGas
Cooling WallUnits
Possession AtClose
HOA Fee 725.0
Association Fee Includes Gas Insurance MaintenanceGrounds MaintenanceStructure PestControl Sewer SnowRemoval Water
Architectural Style CommonEntryBuilding Ranch
Pool Features None
Construction Materials Brick
Exclusions Exclusion(s) Do Not Exist
Pets Allowed No
Year Built 1963
Levels OneStoryGround
Unit Number 127
Property Subtype StockCooperative
Community Features Sidewalks
Accessibility AccessibleElevatorInstalled
Assoc Fee Paid Per Monthly
County Wayne
New Construction N
Property Type Residential
HOA Y
Attached Garage N
Contingency AcceptingBackupOffers
Garage Y/N N
Total Rooms 5
Full Baths 1
Status Accepting Backup Offers
Directions Take Cherboneau Pl west off of Orleans
City DetroitCity_Wayne
Disclosures ExclusionsDoNotExist
Entry Location GroundLevel
Senior Community Y/N N
High School District Detroit
MLS Area Area05053DetWoodwardMcclellanSoMack
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 0.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/nocbor/20250027069
Standard Status ActiveUnderContract
Occupancy Type Vacant
Expected Active Date 2025-04-17
Legal Description City of Detroit Wayne County Michigan according to the Plat thereof recorded in Liber 80 of Plats Page 87 in the Office of the Register of Deeds for Wayne County Michigan
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Exterior
Parking Features ParkingLot NoGarage
Water Source Public
Foundation Details Basement Block
Spa N
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1550
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* Excluded Features
List By
Adrienne Stewart

Listing Agent

Keller Williams Home

Broker

(248) 212-3765

Phone

Affordability Calculator

$249
Per Month
100%
0%
0%
Monthly Principal & Interest
$249
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/16/2025$39,900 -6.99% Price Down
8/14/2025$42,900 -4.67% Price Down
4/17/2025$45,000 Listed Price

Map


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1550 Cherboneau Place #127 # 127, Detroit, MI, 48207 is a Condo for sale at $39,900 with 900 sqft. 1550 Cherboneau Place #127 # 127 has 2 bedrooms, 1.0 baths, and was built in 1963. The property's zip code is 48207 which is in Detroit, MI