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$10,000
Est. payment /mo
3 Beds
2 Baths
1,596 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,596 sqft
Price per Sqft $6
MLS Listing ID 20251060706
Bedrooms 3
Full Baths 2
Year Built 1927
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 35X120
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
Great investment. DLBA-owned 3-bedroom, 1.5-bath residential property located in the Fitzgerald/Marygrove neighborhood. Sale is subject to approval by the Detroit Land Bank Authority (DLBA) and execution of a DLBA Renovation/Development Agreement. Purchaser must submit a complete proposal to DLBA, including intended use and renovation timeline, proof of funds, scope of work with cost breakdown, and documentation of prior renovation projects (addresses and photos).The DLBA recommends reviewing all applicable Neighborhood Framework Plans through the City of Detroit Planning and Development Department for additional neighborhood context.DLBA retains the right to tax recapture for five (5) years following transfer of ownership. This may be incompatible with certain tax abatements or lot combinations. Waiver requests will be reviewed on a case-by-case basis and may require payment in lieu of taxes, subject to review of development pro forma and financing.
Location
State MI
County Wayne
Area Wayne County - 100
Direction Mchnichols Rd To Stoepel St
Interior
Heating Forced Air
Exterior
View Y/N No
Garage No
Building
Story 2
Sewer Public
Water Public
Structure Type Vinyl Siding
Schools
School District Detroit
Others
Tax ID W16I019010S
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition {"Other":true}
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Listed by Atlas Properties Inc
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Rob Young
Broker Associate | License ID: 6506039987
Broker Associate License ID: 6506039987