Estimated payment $183/month
6-unit apartment building w/lots of potential. 4 units have 2 bedrooms, 2 units have 1 bedroom. Property needs work, but there is plenty of room to grow in this up and coming neighborhood. 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 abatements and/or 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 abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.
Listing Agent
Bellabay Realty Tri Counties License #6502385914 Listed on: 10/07/2024
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2025 01/31/25 | Price Changed | $28,500 | -18.6% | $7 / Sq Ft |
| 10/07/2024 10/07/24 | For Sale | $35,000 | -- | $9 / Sq Ft |
$22,500
Welcome to the latest offering from the Detroit land Bank Authority. 4 unit Brick Quadruplex located in a growing neighborhood on the East side of Detroit. Each unit has 2 bedrooms and one bath. The property needs a major rehab and has been mostly gutted and prepped for renovation. Sale also includes a vacant lot located at 8024 Georgia. Please note that the Detroit Land bank Authority is
Gene Kelley Real Estate One-Southfield
$25,000
Investor Special – 4-Unit Multifamily Opportunity!Don't miss this Detroit Land Bank-owned multifamily home offering four spacious units and over 3,500 square feet of potential. Ideal for seasoned investors or savvy newcomers looking to capitalize on Detroit's growing rental market. Whether you're building your portfolio or looking for your next renovation project, this property presents
Erick Monzo Keller Williams Realty-Great Lakes
$30,000
Located in a rapidly growing neighborhood, this 4-unit multi-family property offers an incredible potential investment opportunity. Each of the four spacious units features 2 bedrooms, providing ample living space. With over 3,400 square feet, this property boasts plenty of room for both residents and potential for higher rental income as the area continues to develop. This property offers a
Natasha Richards Bellabay Realty Tri Counties
Source: Realcomp
MLS Number: 20240071565
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393