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Natasha C Richards
Bellabay Realty Tri Counties
248-274-6614
Investment opportunity in this multi-family located near Detroit's Poletown East neighborhood, near Warren Meldrum Park, Callahan Playground, and Faygo Beverages! Estimated rehab 223$k. Sale contingent on buyer/seller executed development agreement. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the five tax years subsequent to transferring ownership of the property. The tax capture might 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: 2
Full Baths: 2
Basement Description: Unfinished
Heating: Forced Air
Heating Fuel: Natural Gas
Natural Gas
Year Built: 1890
Building Stories: 2 Story
Total Units: 2
Foundation/Basement: Basement
Architecture: Colonial
Construction: Other,Wood
Sewer: Public Sewer (Sewer-Sanitary)
Public (Municipal)
Water Heat: Natural Gas
Lot Size: 0.23
Lot Dimensions: 102.00X100.00
Waterfront: All Sports Lake
SQ ft: 2146
Subdivision: SUB OF PART OF RC OF PC NO 182 (PLATS)
Financing: Cash
Original List Price: $9,900
Possession: At Close
Legal Description: E MORAN S 102 FT OF W 100 FT OF O L 5 LYG N OF & ADJ GARFIELD AVE SUB OF PT OF R C OF P C # 182 L2 P10 PLATS, W C R 13/132 102 X 100
Parcel Number: W13I010180C1
At Close
Legal Description: Section: E MORAN S 102 FT OF W 100 FT OF O L 5 LYG N OF & ADJ GARFIELD AVE SUB OF PT OF R C OF P C # 182 L2 P10 PLATS, W C R 13/132 102 X 100
Road Frontage: Paved
# of Bedrooms: 2
School District: Detroit
Water:Public (Municipal)
Sewer:Public Sewer (Sewer-Sanitary)
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
3131 Mcdougall , Detroit, MI,48207 | $15,000 | -- | -- | -- | 0.08 Acre |
2133 E Vernor , Detroit, MI,48207 | $41,400 | -- | -- | -- | 0.07 Acre |
2138 Hendricks , Detroit, MI,48207 | $14,700 | -- | -- | -- | 0.07 Acre |
3350 Arndt , Detroit, MI,48207 | $12,000 | -- | -- | -- | 0.07 Acre |
3430 Arndt Street , Detroit, MI,48207 | $12,000 | -- | -- | -- | 0.07 Acre |
2915 Ellery , Detroit, MI,48207 | $42,000 | -- | -- | -- | 0.22 Acre |
1254 Bellevue , Detroit, MI,48207 | $65,000 | -- | -- | -- | 0.26 Acre |
4820 Concord , Detroit, MI,48207 | $30,000 | -- | -- | -- | 0.1 Acre |
3720 Bellevue , Detroit, MI,48207 | $25,000 | -- | -- | -- | 0.09 Acre |
1405 Rivard #203, Detroit, MI,48207 | $399,000 | 1 | 1 | 842 | -- |
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 @ 05:18
MLS: 605415009
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.