Calling all investors. This property is zoned R1 and is located in Detroit's Fitzgerald/ Marygrove neighborhood. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan w/ Proof Of Funds OR Pre- Approval letter on a new construction loan. 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. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. BATVAI. See attached documents for DLBA requirements and offer submission information.
27 days
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409
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24
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Zillow last checked:
Listing updated:
Listed by:
Leonard A Pickett III248-440-2268,
RCH Brokerage Legacy Inc248-440-2268,
Clarence R Wilson248-440-2268,
RCH Brokerage Legacy Inc
Source: Realcomp II,MLS#: 20261059599
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Bedroom
Level: Second
Area: 121
Dimensions: 11 X 11
Bedroom
Level: Second
Area: 180
Dimensions: 12 X 15
Bedroom
Level: Second
Area: 100
Dimensions: 10 X 10
Other
Level: Second
Kitchen
Level: Entry
Area: 64
Dimensions: 8 X 8
Living room
Level: Entry
Area: 180
Dimensions: 15 X 12
Heating
Forced Air, Natural Gas
Features
Basement: Unfinished
Has fireplace: No
Interior area
Total interior livable area: 1,315 sqft
Finished area above ground: 1,315
Property
Parking
Parking features: No Garage
Features
Levels: Two
Stories: 2
Entry location: GroundLevelwSteps
Pool features: None
Lot
Size: 4,356 Square Feet
Dimensions: 36 x 114.43
Details
Parcel number: W16I042977S
Special conditions: Government Owned,Short Sale No