MLS Public Remarks Welcome to the latest offering from the Detroit Land Bank Authority. Brick 2 family flat in need of a total rehab. This property also includes the adjacent lots at 4603 Meldrum and 4619 Meldrum. Be advised that all potential buyers are required to prepare a proposal/proforma in order to qualify to purchase. DLBA proposal guidelines are attached for review. 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. Please refer to DLBA proposal guidelines
http://gkelley.realestateone.com/2210096678
Township Detroit
Directions i 94 east to mt elliot go south to meldrum go east
Fin Below Grd SqFt 500
Total Fin SqFt 2,878
Price/SqFt $2
Unfinished SqFt 0
Above Grade Finished SqFt 2,378
CDOM 884
Sub Property Type Multifamily
Year Built 1912
Days on Market 884
Land Assessment -
Improvements $4250
Acreage 0.07
Taxes -
Tax Year -
Summer Taxes -
School District Detroit
Winter Taxes -
Subdivision Peter Fischers (plats)
Lower Level Square Footage 500
Waterview N
Number of Units 2
Waterfront N
For Lease/Rent N
Est. Total Acres 0.07
Lot Dimensions 30.00X109.00
WaterFrontage
0
Heating Natural Gas, Radiant
Water Public (Municipal)
Basement Y
Heating Natural Gas, Radiant
Garage 0.0
Architecture 2 Story
Basement details Unfinished
Sewer Public Sewer (Sewer-Sanitary)
Parking Desc On Street
Home Style Upper/Lower Apartment
Possession At Close
Exterior Materials Brick
Status Change Date 11/23/2021
Listing Date 11/22/2021
Internet/IDX Y
Co-Listing Agent Name Patricia Phillips, ABR, GRI, SRES, AWD, C2EX
Named Exceptions Y
Listing Office
Southfield
Office Address
26261 Evergreen Rd.
Listing Number
2210096678
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