Detroit, MI 48238
MLS# 20250037457
Welcome to the latest offering from the Detroit land Bank Authority. Brick income bungalow in need of full rehab on the West side of Detroit. Downstairs level has 2 bedrooms and the upstairs unit has 1 bedroom. Bring your contractor and your imagination. Roll up your sleeves and get to work. 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.
Listed by Gene Kelley · Real Estate One-Southfield
Estimate only — principal & interest, no taxes or insurance. Rates change daily; confirm with your lender.
$63/mo
$2,500 down · $10,000 financed
Listing information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use. Listings are provided courtesy of the participating listing broker. This information is believed accurate but is not warranted and all measurements and calculations are approximate.
