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In-PersonVirtual Tour
$ 12,000
Est. payment | /mo
2 Baths
4,356 Sqft Lot
$ 12,000
Est. payment | /mo
2 Baths
4,356 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 20230083762
Year Built 1917
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 36.00 x 116.00
Source Realcomp
Property Description
Welcome to the latest offering from the Detroit Land Bank Authority. Large 2 family flat near the much sought after North end. This property needs extensive rehab and use caution when showing. Please note that the Detroit Land bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and/or lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. Please refer to DLBA proposal guidelines
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Multi-Family
Direction between Webb St. and Rosa Park Blvd.
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Sewer Public
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W08I003189S
Acceptable Financing Cash, Contract
Listing Terms Cash, Contract
Special Listing Condition {"Other":true}
Listed by Real Estate One-Southfield
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