1300 E Lafayette #607 (below) is SOLD, but check out Unit 2704 above!

Lafayette Park, Downtown Detroit

WOW!GREAT OPPORTUNITY FOR DOWNTOWN LIVING AT IT'S BEST! RARE CONCIERGE STYLE LIVING IN HEART OF LAFAYETTE PARK!1300 E LAFAYETTE COOPERATIVES IS KNOWN FOR IT'S UPSCALE NO-MAINTAINENCE LIFESTYLE!AMENITIES INCL HEAT, WATER ELEC FOR A/C, BASIC CABLE,TAXES, DOORMAN, POOL, SECURITY, & MORE ALL INCL IN TAX-DEDUCTIBLE(40-50%) MONTHLY FEE!UNIT BOASTS OPEN FLR PLAN, NEWER PAINT/CARPET,4BRS 2 FULL 1HALF BATH, THIS NE CORNER UNIT HAS SPECTACULAR VIEWS OF DETROIT RIVER, FORD FIELD & PARK!... SOLD, for $54,995! 

• 1662 Square Feet
• 4br, 2 1/2 baths corner unit
• floor to celing windows
• Monthly Association Fee $1197/month*

*(includes heat(individually controlled), elec for air conditioning, taxes, water, basic cable, doorman, maintainence, etc..40-50% of monthly fee  is tax deductible, ask for more details) 

Down Payment/Finance Amount

Equity:                                              $54,995

Down Payment                                -$25,000

Finance Amt                                     $29,995

Estimated Monthly Payment

Land Contract* 11%                              $350.00 (30 year amortization, 1 Yr Balloon)

Coop Fee                                             $1197.00

Total Pmt                                            $1547.95

Annual Tax Write Off: (approx)**

Interest                                               $4,400

Co-op 48% of yearly amt                     $6,900

Total                                                 $11,300**

**Ask your accountant or tax preparer how this affects your own taxes.  Amounts are estimated and subject to change.

*Land Contract terms and payments are estimated.  Subject to seller approval and cooperative approval. Exact terms can be negotiated.