NEW! Buy and sell safely with virtual options - Learn More
About the Listing 104455 - 625478
Fantastic Investment Opportunity – Jamison Neighborhood, Detroit This rare bundle of four multi-family properties in Detroit's Jamison neighborhood is now available, offering excellent redevelopment potential with strong rental prospects. Included in the sale are: 3307 Clairmount, 3349 Clairmount, 3298 Clairmount, and 3318 Clairmount. Each property is configured as a 2-unit structure, with each unit featuring 2 bedrooms and 1 full bath. Combined, this package represents a substantial opportunity for an investor or developer to restore and reposition multiple income-generating assets within a growing rental market. Application Requirements: Interested buyers must submit a complete proposal package that includes: 1. Project Proposal – Outline intended use of the structure and provide a renovation timeline. 2. Proof of Funds – Current bank statement or lender pre-approval letter. 3. Scope of Work – Detailed breakdown of renovation costs and improvements. 4. Proof of Previous Projects – Provide addresses and photos of completed work to demonstrate experience. Important Note: Sale is contingent on execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This may be incompatible with certain abatements or lot combinations. Waiver requests will be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after review of the development pro forma and financing.
Listing Highlights for 3318 Clairmount
Status
Active
Days on Site
39
Property Type
Multi-Family
MLS ®
60940367
Year Built
1922
Total Square Footage
2,112
Lot/Acreage
0.08
County
Wayne
Neighborhood
Coonleys Sub
Area
Detroit (82001)
School District
Detroit City School District
Interior Details
- Bedrooms: 0
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2112
- Below Ground Sq Ft: n/a
- Basement: Block
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 34X100
- Zoning: Residential
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $28
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Listing Location
Questions About..
3318 Clairmount Detroit, MI 48206
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
