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About the Listing 102699 - 619922,619175
Great Opportunity for investors. This brick duplex is zoned R5 located in Detroit's Gratiot-Grand neighborhood. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan w/ Proof Of Funds OR Pre- Approval letter on a new construction loan. Please note that the DLBA 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. See attached documents for DLBA requirements and offer submission information.
Listing Highlights
Status
Active
Days on Site
14
Property Type
Multi-Family
MLS ®
60957339
Year Built
1914
Total Square Footage
3,549
Lot/Acreage
0.13
County
Wayne
Neighborhood
Assessors Of Lts 1 To 65 Incl Pt 66 Etc
Area
Detroit (82001)
School District
Detroit City School District
Interior Details
- Bedrooms: 0
- Bathrooms: 2 Full / 1 Half
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3549
- Below Ground Sq Ft: n/a
- Basement: Poured
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 45X123.5
- Zoning: Residential
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $263
- 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
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Questions About..
1057 E Grand Detroit, MI 48207
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