12052 American Street, Detroit, MI 48204
12052 American Street, Detroit, MI 48204
12052 American Street, Detroit, MI 48204
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$22,500
Est. payment /mo
3 Beds
1 Bath
1,364 SqFt
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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,364 sqft

Price per Sqft $16

MLS Listing ID 20261072740

Bedrooms 3

Full Baths 1

Year Built 1918

Annual Tax Amount $856

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 35X108

Property Sub-Type Single Family Residence

Source Realcomp

Property Description

REDEVELOPMENT OPPORTUNITY NEAR OAKMAN BOULEVARD! Bring your vision to this spacious Detroit home offering an exciting opportunity for an investor, developer, or experienced rehabber. Featuring generous living space, original hardwood flooring, and plenty of potential for renovation and value creation, this property is ready for its next chapter. Conveniently located near the popular Oakman Boulevard corridor with easy access to major thoroughfares, neighborhood amenities, and surrounding Detroit communities. Property is being sold as-is with clean title. Buyer and buyer's agent to verify all measurements, property information, and redevelopment requirements. Interested buyers must submit a complete proposal package for DLBA approval, including a project proposal, proof of funds, site plan or concept drawing, and documentation of previous development experience. Sale is contingent upon execution of a DLBA Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This provision may be incompatible with certain tax abatements, lot combinations, or assemblages. Waiver requests may be considered on a case-by-case basis and may require a payment in lieu of taxes, as determined following DLBA review of the development pro forma and financing.

Location

State MI

County Wayne

Direction South of Oakman Blvd and West of Livernois

Interior

Heating Forced Air

Exterior

Exterior Feature Porch(es)

View Y/N No

Garage No

Building

Story 2

Water Public

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W16I023835S

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition {"Other":true}


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Listed by Next Level Realty & Investments

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Cory Maguire

Cory Maguire

+1(810) 869-5181

Broker/Owner License ID: 0180

Broker/Owner License ID: 0180

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