MLS Public Remarks  Welcome to the latest offering from the Detroit Land Bank Authority. 4 unit Brick Quadruplex in a up and coming neighborhood. This property needs a full rehab. Show with caution. Be advised that all potential buyers are required to prepare a proposal/proforma in order to qualify to purchase. 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/2210096676

AGENT/COMPANY DETAILS  

LOCATION  

Township  Detroit

Directions  Grand river south to ravenswood go north

HOUSE DESCRIPTION  

Fin Below Grd SqFt  600

Total Fin SqFt  3,826

Price/SqFt  $1

Unfinished SqFt  0

Above Grade Finished SqFt  3,226

CDOM  303

Sub Property Type  Multifamily

Year Built  1919

Days on Market  303

ASSESSMENT/SCHOOLS   

Land Assessment  -

Improvements  $3750

Acreage  0.12

Taxes  -

Tax Year  -

Summer Taxes  -

School District  Detroit

Winter Taxes  -

LOT DESCRIPTION  

Subdivision  Ravenswood (plats)

Lower Level Square Footage  600

Waterview  N

Number of Units  4

Waterfront  N

For Lease/Rent  N

Est. Total Acres  0.12

Lot Dimensions  45.00X120.00

WaterFrontage   0

INTERIOR FEATURES  

Heating  Natural Gas, Radiant

Water  Public (Municipal)

Basement  Y

Heating  Natural Gas, Radiant

EXTERIOR FEATURES  

Garage  0.0

Architecture  2 Story

Basement details  Unfinished

Sewer  Public Sewer (Sewer-Sanitary)

Parking Desc  On Street

Home Style  Quadruplex

Possession  At Close

Exterior Materials  Brick

DETAILS  

Status Change Date  05/11/2023

Listing Date  11/22/2021

Internet/IDX  Y

Pending Date  09/21/2022

Co-Listing Agent Name  Patricia Phillips, ABR, GRI, SRES, AWD, C2EX

Named Exceptions  Y

LISTING OFFICE DETAILS  

Listing Office   Southfield

Office Address   26261 Evergreen Rd.

Listing Number   2210096676

THE ACCURACY OF ALL INFORMATION, REGARDLESS OF SOURCE, IS NOT GUARANTEED OR WARRANTED. ALL INFORMATION SHOULD BE INDEPENDENTLY VERIFIED. Listings last updated: Saturday, April 20, 2024. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale on this web site appears in part from the IDX programs of our Multiple Listing Service. Real Estate listings held by brokerage firms other than Real Estate One include the name and address of the listing broker where available.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.