Thank you
Natasha C Richards
Bellabay Realty Tri Counties
248-274-6614
Property needs a full rehab top to bottom, but don't let that scare you away!! This 5 unit is looking for the right investor and will certainly turn a profit on this corner lot with great potential. Sale contingent on buyer/seller executed development agreement. All offers must be supported by proof of funds for both purchase price and construction costs. 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 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.
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Total Baths: 5
Full Baths: 5
Basement Description: Unfinished
Heating: Forced Air
Heating Fuel: Natural Gas
Year Built: 1928
Building Stories: 2 Story
Total Units: 5
Foundation/Basement: Basement
Architecture: Colonial
Construction: Brick
Sewer: Public Sewer (Sewer-Sanitary)
Public (Municipal)
Lot Size: 0.10
Lot Dimensions: 44.00X100.00
Frontage Feet: 44
SQ ft: 4890
Subdivision: THE MC ERLANE JOY RD SUB (PLATS)
Financing: Cash
Original List Price: $8,000
Possession: At Close
Legal Description: N CLAIRMOUNT 59 THE MC ERLANE JOY RD SUB L34 P6 PLATS, W C R 12/186 43.86 X 100
Parcel Number: W12I002641S
At Close
Legal Description: Section: N CLAIRMOUNT 59 THE MC ERLANE JOY RD SUB L34 P6 PLATS, W C R 12/186 43.86 X 100
Road Frontage: Paved
# of Bedrooms: 5
School District: Detroit
Water:Public (Municipal)
Sewer:Public Sewer (Sewer-Sanitary)
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
2700 W Chicago , Detroit, MI,48206 | $200,000 | -- | -- | -- | 0.96 Acre |
7359 Kipling Street , Detroit, MI,48206 | $265,000 | 3 | 2.5 | 1,450 | 0.1 Acre |
2296 Clairmount Street .., Detroit, MI,48206 | $159,900 | 4 | 3 | 3,000 | 0.11 Acre |
3740 Rochester Street , Detroit, MI,48206 | $10,000 | 6 | 4 | 4,030 | 0.1 Acre |
2925 Lawrence Street , Detroit, MI,48206 | $74,999 | 3 | 2.5 | 1,884 | 0.1 Acre |
1999 Calvert Street , Detroit, MI,48206 | $199,900 | 6 | 3 | 3,080 | 0.11 Acre |
1662 Elmhurst Street , Detroit, MI,48206 | $84,500 | 6 | 2 | 2,334 | 0.07 Acre |
1745 Pallister Street .., Detroit, MI,48206 | $397,500 | 2 | 2.5 | 1,250 | -- |
1745 Pallister Street .., Detroit, MI,48206 | $385,500 | 2 | 2.5 | 1,250 | -- |
2637 W Boston Boulevard , Detroit, MI,48206 | $75,000 | -- | -- | -- | 0.37 Acre |
Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2024 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.
ByOwner last updated this listing 05/02/2024 @ 13:26
MLS: 605400878
LISTED BY: Natasha C Richards , Bellabay Realty Tri Counties
SOURCE: Realcomp II Ltd
Buyer Agency Compensation: $1000
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.