Great investment. DLBA-owned side by side duplex with 3 bed in each unit property located in the Wildemere ParkA;neighborhood. Sold with 3257 Hogarth St for a total of $70000.A; Sale is subject to approval by the Detroit Land Bank Authority (DLBA) and execution of a DLBA Renovation/Development Agreement. Purchaser must… Read More submit a complete proposal to DLBA, including intended use and renovation timeline, proof of funds, scope of work with cost breakdown, and documentation of prior renovation projects (addresses and photos).A;The DLBA recommends reviewing all applicable Neighborhood Framework Plans through the City of Detroit Planning and Development Department for additional neighborhood context.A;A;DLBA retains the right to tax recapture for five (5) years following transfer of ownership. This may be incompatible with certain tax abatements or lot combinations. Waiver requests will be reviewed on a case-by-case basis and may require payment in lieu of taxes, subject to review of development pro forma and financing. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Atlas Properties Inc, (313) 598-2566
Listing Snapshot
Days Online
101
Last Updated
Property Type
Multifamily
Square Ft.
2,265
Lot Size
0.06 Acres
Year Built
1915
MLS Number
20251060754
30 Days Snapshot Of 48206
$101k
-18%
(avg) sold price
18
+28%
homes sold
93
+10%
(avg) days on market
Snapshot
Area Map
Additional Details
Pool
Pool?: 0
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
2 total units, 2 three-bedroom units, Built in 1915, Architectural style: Duplex, Brick, 2,265 total square feet, 2,265 combined square feet, 697 total basement square feet, Unit count: 2
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Public (Municipal)
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.06, Lot size dimensions: 24.5X110
Miscellaneous
Gross scheduled income: $0, Income projection: Projected, Monthly rental income: $0, Net operating income: $0
Property
Property type: Multifamily
Taxes
Tax amount (summer): $0, Tax amount (winter): $0
Sewer
Sewer (Sewer-Sanitary)
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