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$30,000
Est. payment /mo
2 Baths
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261006577
HOA Y/N true
Year Built 1923
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 25x245
Source Realcomp
Property Description
This brick duplex offers over 2,000 square feet of living space with two spacious 2-bedroom, 1-bath units. The property is vacant and ready for renovation. Located in Mapleridge with easy access to Gratiot, Kelly, & I-94. Zoned for residential use, this property offers strong potential for redevelopment or a new residential project. The parcels are government-owned and included in the Detroit Land Bank Authority (DLBA) program. The DLBA recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. How to Apply: Interested buyers must submit a proposal that includes: 1. Project Proposal (intended use of structure + timeline) 2. Proof of Funds (bank statement or lender letter) 3. Scope of Work (breakdown of renovation costs) 4. Proof of Previous Projects: (include addresses and photos) 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.
Location
State MI
County Wayne
Zoning Residential
Direction East of Gratiot, N of Houston Whittier
Interior
Heating Forced Air
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W21I016701S
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition {"Other":true}
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Listed by Keller Williams Realty-Great Lakes
Nearby Locations
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