***RARE RESTORATION AND REDEVELOPMENT OPPORTUNITY*** This stately 2,584 sq. ft. brick Colonial Revival home, built in 1920, offers exceptional potential to restore a timeless architectural treasure while creating significant value. Featuring a spacious floor plan, original brick exterior, basement, and classic period details, this property is ready for its next chapter. Located in one of Detroit's fastest-growing east side neighborhoods, just minutes from West Village, Indian Village, Downtown Detroit, Belle Isle, and the Detroit Riverwalk. Walk to exciting restaurants, coffee shops, neighborhood markets, and enjoy the area's ongoing revitalization and investment. Outstanding opportunity for investors, developers, builders, or experienced rehabbers seeking a premier value-add project with multiple exit strategies. Property is being sold as-is. Buyer to verify all information. Interested buyers must submit a complete proposal package for DLBA approval, including a project proposal, proof of funds, site plan or concept drawing, and proof 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, determined after DLBA review of the development pro forma and financing.
14 days
|
889
|
61
|
Zillow last checked:
Listing updated:
Listed by:
Catina Willis734-506-0076,
Next Level Realty & Investments734-506-0076
Source: Realcomp II,MLS#: 20261060173
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1
Primary bedroom
Level: Second
Area: 168
Dimensions: 12 X 14
Bedroom
Level: Second
Area: 100
Dimensions: 10 X 10
Bedroom
Level: Second
Area: 110
Dimensions: 10 X 11
Other
Level: Second
Area: 48
Dimensions: 6 X 8
Other
Level: Second
Area: 48
Dimensions: 6 X 8
Other
Level: Entry
Area: 30
Dimensions: 6 X 5
Dining room
Level: Entry
Area: 144
Dimensions: 12 X 12
Kitchen
Level: Entry
Area: 108
Dimensions: 12 X 9
Living room
Level: Entry
Area: 288
Dimensions: 16 X 18
Heating
Hot Water, Natural Gas
Features
Basement: Unfinished
Has fireplace: Yes
Fireplace features: Living Room
Interior area
Total interior livable area: 2,584 sqft
Finished area above ground: 2,584
Property
Parking
Total spaces: 2
Parking features: Two Car Garage, Detached
Garage spaces: 2
Features
Levels: Two
Stories: 2
Entry location: GroundLevel
Pool features: None
Lot
Size: 3,920 Square Feet
Dimensions: 35 x 110
Details
Parcel number: W17I008269S
Special conditions: Government Owned,Short Sale No