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$29,000
Est. payment /mo
3 Beds
1 Bath
848 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 848 sqft
Price per Sqft $34
MLS Listing ID 20261072579
Bedrooms 3
Full Baths 1
Year Built 1930
Annual Tax Amount $1,930
Lot Size 0.310 Acres
Acres 0.31
Lot Dimensions 90X150
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
Redevelopment opportunity in solid neighborhood west of Telegraph road. This house is perfect for an investor, developer, or experienced rehabber. Features spacious living room with plenty of potential for value creation. 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 West Mcnichols and West of Telegraph
Interior
Heating Forced Air
Exterior
View Y/N No
Garage No
Building
Story 1
Sewer Public
Water Public
Structure Type Aluminum Siding
Schools
School District Detroit
Others
Tax ID W22I123828S002L
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition {"Other":true}
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Listed by Next Level Realty & Investments
Nearby Locations
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