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- MLS#40021416
- TypePending
- CountyWAYNE
- CityDetroit
- AreaDetroit
- NeighborhoodDetroit
- Zip48214
- StyleColonial
- Price$ 15,000
- Bedrooms0
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage2428
- Lot Size8,276 SqFt
Listing Provided Courtesy Of:
RCH Brokerage Legacy Inc
Property Description
Great Opportunity for investors. This building currently features 4 units. Each unit has 2 bedrooms 1 bath. A completed restoration is needed. The Seller requires proof of funds to purchase. An estimated cost of renovation along with proof of funds to meet the estimated costs will also need to be included with offer. Buyer will need to provide proof of their ability to complete this type of project. 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 abatement 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 abatement on the purchase and development financing.
Price History | |
---|---|
1/31/2020 | Listed $15,000 |
General Features
Bathrooms | 4 |
---|---|
Class | MULTIFAMILY |
Community Amenities | Pets-Not Allowed |
Directions | TAKE VERNON HWY HEADED EAST, PASS CADILLAC MAKE RIGHT ONTO HARDING |
Financial Terms | Cash |
Full Baths | 4 |
Heating | Forced Air |
Legal Description | E HARDING N 10 FT 260 259 HENDRIES SUB L25 P38 PLATS, W C R 21/528 54.36 IRREG |
Listing Area | Detroit (82001) |
Municipality | Detroit |
Originating Mls | RealComp |
Ownership | Government Owned |
School District | Detroit City School District |
Source Mls | MI Real Source |
Status | Pending |
Status | Pending |
Structure Style | 2 Story |
Style | Colonial |
Subdivision | HENDRIES (PLATS) |
Subj To Short Sale Apprvl | No |
Type | Multi-Family |
Water | Public Water |
Water Heater | Gas |
Year Built | 1912 |
Zoning | Residential |
Interior Features
Fireplace? | No |
---|---|
Fuel Type | Natural Gas |
Total Number of Units | 4 |
Exterior Features
Exterior | Brick |
---|---|
Foundation Type | Basement |
Frontage | 54 |
Lot Dimensions | 54.00X155.00 |
Lot Size Area | 0.19 |
Roads | Paved Street |
Sewer Septic | Public Sanitary |
Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool