$6,600
$6,500
1.5%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
1,980 SqFt
SOLD DATE : 06/07/2024
Key Details
Sold Price $6,600
Property Type Multi-Family
Sub Type Colonial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,980 sqft
Price per Sqft $3
Subdivision Charles F Lohrmans Sub (Plats)
MLS Listing ID 20240024484
Sold Date 06/07/24
Style Colonial
Bedrooms 2
Full Baths 2
Originating Board Realcomp II Ltd
Year Built 1909
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 30.00 x 112.00
Property Description
Investment opportunity in this multi-family located near Detroit's Poletown East neighborhood, near Warren Meldrum Park, Callahan Playground, and Faygo Beverages! Sale includes 5 adjacent lots 5543, 5551, 5561, 5571, 5537 Moran. 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. Contact listing broker with any questions.
Location
State MI
County Wayne
Area Det: 6-Mack I75-Conner
Zoning Residential
Direction S. of E. Grand Blvd./W of Moran
Rooms
Basement Unfinished
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Pool No
Waterfront no
Road Frontage Paved
Garage yes
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Colonial
Level or Stories 2 Story
Structure Type Other
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W13I010284S
Ownership Government Owned,Short Sale - No
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with Century 21 Town & Country Utica