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In-PersonVirtual Tour
$ 7,500
Est. payment | /mo
4 Baths
4,791 Sqft Lot
$ 7,500
Est. payment | /mo
4 Baths
4,791 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20250021695
Year Built 1924
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 45.00 x 102.00
Source Realcomp
Property Description
Welcome to the latest offering from the Detroit Land Bank Authority. This brick 4 unit multifamily is in need of a major rehab from top to bottom. Each unit features 2 bedrooms, living room, dining room and kitchen. Located in an up and coming area of Detroit, this property will surely make a good addition to your investment portfolio. 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 lodge south to chicago blvd go west to Dexter ave go north to glynn ct
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Sewer Public
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W14I003584S
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition {"Other":true}
Listed by Real Estate One-Southfield
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