Great opportunity to invest in the city of Detroit. This brick Quadplex is located in Detroit's Nardin Park neighborhood and zoned R2. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan w/ Proof Of Funds OR Pre- Approval… Read More letter on a new construction loan. Please note that the DLBA 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 abatement 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 abatement on the purchase and development financing. BATVAI. See attached documents for DLBA requirements and offer submission information. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of RCH Brokerage Legacy Inc, 248-440-2268
Listing Snapshot
Days Online
7
Last Updated
Property Type
MultiFamily
Full Baths
4
Square Ft.
3,420
Lot Size
0.1 Acres
Year Built
1925
MLS Number
20261089970
Additional Details
Property Access
Frontage Type: Paved
Basement
Unfinished
Building
Built in 1925, Living area: 3420.0, Levels: Two, Construction Materials: Brick
Disclosures
ActualIncome, TaxesNotHomesteadExempt
Foundation
Basement, Poured
Heating
ForcedAir, NaturalGas
Lot
0.1 acres, Dimensions: 40X104
Pets Policy
Allowed: Yes
Pool
None
Sewer
PublicSewer
Taxes
Parcel Number: W14I004072S, Legal Description: N TUXEDO E 20 FT 181 W 20 FT 182 LEWIS & CROFOOTS SUB NO 4 L26 P84 PLATS, W C R 14/192 40 X 104, Zoning description: Residential
Utilities
Water Source: Public
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