Brick Condo Opportunity in the Islandview Neighborhood – Detroit Land Bank Owned
Fantastic opportunity to restore this Brick Condo in the Islandview neighborhood of Detroit.
How to Apply:
Interested buyers must submit a proposal that includes:
1. Project Proposal (intended use of structure + timeline)
2. Proof of Funds (bank statement or lender letter)
3. Scope of Work (breakdown of renovation costs)
4. Proof of Previous Projects: (include addresses and photos)
Important Note: Sale is contingent on execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This may be incompatible with certain abatements or lot combinations. Waiver requests will be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after review of the development pro forma and financing.
115 days
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10
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0
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Zillow last checked:
Listing updated:
Listed by:
Erick Monzo586-210-3350,
Keller Williams Realty-Great Lakes586-541-4000
Source: Realcomp II,MLS#: 20251039226
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1
Bedroom
Level: Second
Area: 120
Dimensions: 10 X 12
Bedroom
Level: Second
Area: 180
Dimensions: 12 X 15
Other
Level: Second
Other
Level: Entry
Kitchen
Level: Entry
Area: 108
Dimensions: 12 X 9
Living room
Level: Entry
Area: 168
Dimensions: 12 X 14
Heating
Forced Air, Natural Gas
Features
Basement: Unfinished
Has fireplace: No
Interior area
Total interior livable area: 1,302 sqft
Finished area above ground: 1,302
Property
Parking
Parking features: No Garage
Features
Levels: Two
Stories: 2
Entry location: GroundLevelwSteps
Details
Parcel number: W15I007469S005
Special conditions: Government Owned,Short Sale No
Construction
Type & style
Home type: Townhouse
Architectural style: Townhouse
Property subtype: Townhouse
Materials
Brick
Foundation: Basement, Block, Brick Mortar
Condition
New construction: No
Year built: 1910
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
Community
Subdivision: WAYNE COUNTY CONDO PLAN 905 ST PAUL PLACE
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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.
See how much you could borrow to make a competitive offer.