$4,000
$6,666
40.0%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
1,108 SqFt
SOLD DATE : 10/07/2022
Key Details
Sold Price $4,000
Property Type Single Family Home
Sub Type Colonial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,108 sqft
Price per Sqft $3
Subdivision Oakmans Robt Cherry Lane
MLS Listing ID 2210080357
Sold Date 10/07/22
Style Colonial
Bedrooms 2
Full Baths 1
HOA Y/N no
Originating Board Realcomp II Ltd
Year Built 1925
Lot Size 871 Sqft
Acres 0.02
Lot Dimensions 21.00X48.00
Property Description
Check out this awesome rowhouse investment opportunity!! Subject address is included as part of a 3 property bundle sale totaling $20,000. Addresses include 12735, and 12741 Lawton. Homes will not be sold separately, No Exceptions! Each deed shall represent a sale price of $6,666 per property. Sale contingent on buyer/seller executed development agreement. 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.
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Direction Linwood to Glendale to Lawton
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Garage Description No Garage
Porch Porch - Covered, Porch
Road Frontage Paved
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Colonial
Warranty No
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W12I006368S002
Ownership Government Owned,Short Sale - No
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with Downtown Realty