$3,500
$5,000
30.0%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
4,404 SqFt
SOLD DATE : 11/20/2023
Key Details
Sold Price $3,500
Property Type Multi-Family
Sub Type Colonial,Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,404 sqft
Price per Sqft $0
Subdivision Metes & Bounds Descriptio N-Sub N/A
MLS Listing ID 2220010058
Sold Date 11/20/23
Style Colonial,Quadruplex
Bedrooms 4
Full Baths 4
Originating Board Realcomp II Ltd
Year Built 1923
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 50.00X100.00
Property Description
This building features 4 units, each unit has 2 bedrooms, 1 bathroom. Great for experienced investors. 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. Buyer must submit a proposal to purchase, including construction plans or precedent agriculture images of proposed development & financing plan w/ POF or Pre-App letter on a new construction loan 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. Please see attached documents for DLBA guidelines and offer submissions instructions.
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Multi-Family
Direction HEAD EAST ON JOY RD PASS DEXTER MAKE LEFT ONTO SAVERY
Rooms
Basement Unfinished
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Pool No
Waterfront no
Road Frontage Paved
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Colonial, Quadruplex
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W12I006043S
Ownership Government Owned,Short Sale - No
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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