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$30,000
Est. payment /mo
3 Beds
1 Bath
1,215 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,215 sqft
Price per Sqft $24
MLS Listing ID 20261072156
Bedrooms 3
Full Baths 1
Year Built 1926
Annual Tax Amount $1,456
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 45X126
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
Redevelopment Opportunity with Great Potential! Spacious Detroit home offering a solid opportunity for an investor, developer, or experienced rehabber ready to bring this property back to life. The home features generous living space and original hardwood flooring with plenty of potential for renovation and 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 East of Dequindre and North E Nevada
Interior
Heating Forced Air
Exterior
Parking Features Detached
Garage Spaces 2.0
View Y/N No
Garage Yes
Building
Story 2
Sewer Public
Water Public
Structure Type Aluminum Siding
Schools
School District Detroit
Others
Tax ID W09I016048S
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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