Redevelopment opportunity in solid neighborhood west of Telegraph road. This house is perfect for an investor, developer, or experienced rehabber. Features spacious living room with plenty of potential for value creation. Property is being sold as-is with clean title. Buyer and buyer's agent to verify all measurements, property information, and… Read More 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
8
Last Updated
Property Type
Single Family
Beds
3
Full Baths
1
Square Ft.
848
Lot Size
0.31 Acres
Year Built
1930
MLS Number
61028758
30 Days Snapshot Of 48219
$8k
0%
(avg) sold price
59
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved Street
Basement
Unfinished
Building
848 square feet, 7 total rooms, Built in 1930, Style: 1 Story, Ranch
Dining Room
Length: 8 feet, Width: 8 feet
Exterior Features
Aluminum
Foundation
Basement
Water Features
Public Water, Public Water at Street
Heating
Natural Gas, Forced Air
Kitchen
Length: 12 feet, Width: 8 feet
Lot
0.31 acres, Size: 90X150
Living Room
Length: 12 feet, Width: 10 feet
Sewer
Public At Street
Taxes
Amount: $1,930
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