$12,000
$16,000
25.0%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
4 Baths
5,280 SqFt
SOLD DATE : 08/05/2021
Key Details
Sold Price $12,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,280 sqft
Price per Sqft $2
Subdivision Linwood Heights Sub (Plats)
MLS Listing ID 2200101098
Sold Date 08/05/21
Style Quadruplex
Bedrooms 2
Full Baths 4
Originating Board Realcomp II Ltd
Year Built 1924
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 53.00X121.00
Property Description
Great for experienced investors. Looking for a buyer to rehab this multi-family home. It features 4 large units, each contains 2 bedroom and one bath. The seller is the Detroit Land Bank Authority. 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 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 abatement on the purchase and development financing. Please see attached documents for DLBA requirements. The seller is the Detroit Land Bank Authority BATVAI
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Residential
Direction TAKE DEXTER HEADED SOUTH PASS DAVISON MAKLE LEFT ONTO STURTEVANT
Rooms
Basement Unfinished
Interior
Heating Forced Air
Heat Source Natural Gas
Exterior
Pool No
Road Frontage Paved
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 No
Tax ID W10I003726S
Ownership Government Owned,Short Sale - No
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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