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$20,000
Est. payment /mo
2 Baths
2,800 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,800 sqft
Price per Sqft $7
Subdivision Mi
MLS Listing ID 60393720
Style 2 Story
Full Baths 2
Year Built 1926
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 35.00 x 122.00
Property Sub-Type Multi-Family
Property Description
Attention Investors check out this latest offering from the Detroit Land Bank Authority! Welcome to an incredible investment opportunity in the Riverbend neighborhood! This two-story full brick colonial property boasts over 2600 square feet of potential, offering versatile living spaces across two units. This property presents a unique opportunity for restoration and renovation, allowing you to unleash its full potential. Please note that the DLBA 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
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Residential
Rooms
Basement Block
Interior
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Brick
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Government Owned
Energy Description Natural Gas
Financing Cash
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Keller Williams Realty-Great Lakes
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Christopher Parker
Broker Associate | License ID: 164141; 6506049280
Broker Associate License ID: 164141; 6506049280