Detroit, MI 48206,2903 RICHTON Street

$20,000

$40,000

50.0%
Est.Price: ?

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Est. payment /mo

4 Beds

4 Baths

6,934 SqFt


SOLD DATE : 04/19/2020

Key Details

Sold Price $20,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 6,934 sqft

Price per Sqft $2

Subdivision Linwood Heights (Plats)

MLS Listing ID 218119986

Sold Date 04/19/20

Style Quadruplex

Bedrooms 4

Full Baths 4

Originating Board Realcomp II Ltd

Year Built 1946

Lot Size 0.320 Acres

Acres 0.32

Lot Dimensions 115.62X120.50

Property Description

Great Opportunity outside of Russell Woods. This Brick Building features 4 separate units. Buyer must submit an estimated cost of renovation and proof of funds to meet the estimated costs. The seller also will require proof of the Buyer's ability to complete this type of rehab.
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 abatement 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 abatement on the purchase and development financing.’ BATVAI

Location

State MI

County Wayne

Area Det: Livernois-I75 6-Gd River

Zoning Commercial

Direction TAKE CHIGAGO HEADED EAST TO LINWOOD MAKE A LEFT. FOLLOW LINWOOD SOWN

Rooms

Basement Unfinished

Interior

Hot Water Natural Gas

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Roof Type Asphalt

Road Frontage Paved

Garage no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Quadruplex

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID W12I003726C8

Ownership Government Owned,Short Sale - No

SqFt Source PRD

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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Realcomp MLS
Listed by Leonard A Pickett III of RCH Brokerage Legacy Inc
Bought with O'Connor Realty
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