Redevelopment Opportunity with Great Potential! Spacious Detroit home offering a solid opportunity for an investor, developer, or experienced rehabber ready to bring this property back to life. The home features generous living space and original hardwood flooring with plenty of potential for renovation and value creation. Property is being sold… Read More as-is with clean title. Buyer and buyer's agent to verify all measurements, property information, and redevelopment requirements. Interested buyers must submit a complete proposal package for DLBA approval, including a project proposal, proof of funds, site plan or concept drawing, and documentation of previous development experience. Sale is contingent upon execution of a DLBA Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This provision may be incompatible with certain tax abatements, lot combinations, or assemblages. Waiver requests may be considered on a case-by-case basis and may require a payment in lieu of taxes, as determined following DLBA review of the development pro forma and financing. Read Less
Courtesy of Next Level Realty & Investments.
Listing Snapshot
Days Online
9
Last Updated
Property Type
Single Family
Beds
3
Full Baths
1
Square Ft.
1,215
Lot Size
0.13 Acres
Year Built
1926
MLS Number
61028757
Additional Details
Property Access
Paved Street
Basement
Unfinished
Building
1,215 square feet, 5 total rooms, Built in 1926, Style: 1 1/2 Story, Bungalow
Exterior Features
Aluminum
Foundation
Basement
Garage
2 car spaces in garage, Detached Garage
Water Features
Public Water
Heating
Natural Gas, Forced Air
Kitchen
Length: 12 feet, Width: 10 feet
Lot
0.13 acres, Size: 45X126
Sewer
Public At Street
Taxes
Amount: $1,456
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