Address
1042 Holbrook St Detroit, MI
Price
$ 10,000
Property Attributes
  • MLS#40026355
  • TypePending
  • CountyWAYNE
  • CityDetroit
  • AreaDetroit
  • NeighborhoodDetroit
  • Zip48211
  • StyleCommercial/Industrial
  • Price$ 10,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2528
  • Lot Size7,405 SqFt
Listing Provided Courtesy Of:
RCH Brokerage Legacy Inc
Property Description

Perfect opportunity for investor or private business owner. The seller is the Detroit Land Bank Authority. All offers must be supported by Proof of Funds for both the Purchase Price, as well as the 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 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 see attached documents for requirements. BATVAI

Price History
2/14/2020 Listed $10,000

General Features

Class COM/IND/BUS OPP
Directions TAKE CHRYSLER FRWY TO THE HOLBROOK EXIT MAKE RIGHT ONTO EXIT PROPERTY ON LEFT
Financial Terms Cash
Heating Forced Air
Legal Description S HOLBROOK W 13.50 FT 18 E 21 FT 17 CROWTONS SUB L20 P63 PLATS, W C R 5/113 34.5 IRREG
Listing Area Detroit (82001)
Municipality Detroit
Originating Mls RealComp
Ownership Government Owned
Source Mls MI Real Source
Status Pending
Status Pending
Subdivision CROWTONS (PLATS)
Subj To Short Sale Apprvl No
Type Commercial/Industrial
Water Public Water
Year Built 1939
Zoning Residential

Interior Features

Fuel Type Natural Gas

Exterior Features

Exterior Brick
Foundation Type Slab
Frontage 35
Lot Dimensions 35.00X212.00
Lot Size Area 0.17
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

Property vs Zip Code Average in 48211

Price
AVG $50K
$10K
Visits
AVG 12
5
Year Built
AVG 1920
1939
Walkscore
AVG 50
56
Data Provided by Walkscore ® not using MLS data

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