$5,000
$8,000
37.5%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2.5 Baths
2,600 SqFt
SOLD DATE : 04/25/2023
Key Details
Sold Price $5,000
Property Type Multi-Family
Sub Type Colonial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $1
Subdivision Robt Oakmans Livernois & Ford Hwy Sub (Plats)
MLS Listing ID 2210074727
Sold Date 04/25/23
Style Colonial
Bedrooms 2
Full Baths 2
Half Baths 1
Originating Board Realcomp II Ltd
Year Built 1926
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 35.00X119.00
Property Description
Don't sleep on this investment opportunity! About 10 minutes from Downtown Detroit is a Multi-family, two story brick Colonial home with a separate entrance for each unit. 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
Zoning Multi-Family
Direction Dexter to Clements, West. Between Livernois and Dexter.
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Pool No
Waterfront no
Porch Porch
Road Frontage Paved
Garage no
Building
Foundation Basement
Sewer Sewer at Street
Water Public (Municipal)
Architectural Style Colonial
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W14I005513S
Ownership Government Owned,Short Sale - No
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with Keller Williams Premier