Great investment opportunity in the Northeast Central District and awaiting your vision. Offered by the Detroit Landbank Authority, this home is a 3 bedroom bungalow included with the vacant land, 18610 Maine that is 5271 square feet. 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. be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development.
647 days
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154
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14
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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#: 20240071509
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Primary bedroom
Level: Second
Area: 297
Dimensions: 11 x 27
Bedroom
Level: Entry
Area: 121
Dimensions: 11 x 11
Bedroom
Level: Entry
Area: 99
Dimensions: 9 x 11
Other
Level: Entry
Kitchen
Level: Entry
Area: 104
Dimensions: 8 x 13
Living room
Level: Entry
Area: 176
Dimensions: 11 x 16
Heating
Forced Air, Natural Gas
Features
Basement: Unfinished
Has fireplace: No
Interior area
Total interior livable area: 889 sqft
Finished area above ground: 889
Property
Parking
Parking features: No Garage
Features
Levels: One And One Half
Stories: 1.5
Entry location: GroundLevelwSteps
Pool features: None
Lot
Size: 4,356 Square Feet
Dimensions: 40.00 x 105.00
Details
Parcel number: W09I012551S
Special conditions: Government Owned,Short Sale No
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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