$5,000
$10,000
50.0%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
2,650 SqFt
SOLD DATE : 03/06/2020
Key Details
Sold Price $5,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,650 sqft
Price per Sqft $1
Subdivision Robert Oakmans Twelfth St (Plats)
MLS Listing ID 219054767
Sold Date 03/06/20
Style Quadruplex
Bedrooms 4
Full Baths 4
Originating Board Realcomp II Ltd
Year Built 1930
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 30X100
Property Description
Great for experienced investors. This building contains 4 apartments each unit with 1 bedroom 1 bath. The seller is the Detroit Land Bank Authority. All offers must be supported by Proof of Funds for both the Purchase Price, as well as the Construction Costs. 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 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. All offers must be supported by Proof of Funds for both the Purchase Price, as well as the construction costs. Please see attached documents for requirements. BATVAI
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Multi-Family
Direction TAKE DAVISON EAST TO LINWOOD MAKE A LEFT, TAKE LINWOOD NORTH MAKE RIGHT ONTO FORD ST
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Road Frontage Paved
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Quadruplex
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W08I004776S
Ownership Government Owned,Short Sale - No
SqFt Source PRD
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
©2024 Realcomp II Ltd. Shareholders
Bought with Community Choice Realty Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "