CALLING ALL INVESTORS. Get your hard hat and bring your vision to make this house a home. House needs a complete rehab. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. 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 and lot combinations 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.
324 days
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271
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Zillow last checked:
Listing updated:
Listed by:
Natasha C Richards248-274-6614,
Bellabay Realty Tri Counties248-274-6614
Source: Realcomp II,MLS#: 20251036429
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Heating
Forced Air, Natural Gas
Features
Basement: Full,Unfinished
Has fireplace: No
Interior area
Total interior livable area: 1,399 sqft
Finished area above ground: 1,399
Property
Parking
Parking features: No Garage
Features
Levels: One And One Half
Stories: 1.5
Entry location: GroundLevelwSteps
Pool features: None
Lot
Size: 3,920 Square Feet
Dimensions: 40 x 100
Details
Parcel number: W16I036255S
Special conditions: Government Owned,Short Sale No