Listing Courtesy of: Natasha Richards - Bellabay Realty Tri Counties
248-274-6614
$28,000
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4288 WEBB Street Detroit, MI 48204
Single Family
Residence
3
Beds
3
Baths
3,974
Sq. Ft.
0.11
Acre
Lot
Property Activity
Time on Site
days
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Over 3,900 Square Feet can once again come to life, just bring your imagination. This super investment opportunity comes with 3 lots included, 4272 Webb, 4282 Webb & 4268 Webb. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not ju...st stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. 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 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.
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Source MLS
Real Comp
Originating MLS
Realcomp II Ltd
MLS#
20240024633
Property Type
Single Family
Bedrooms
3
Bathrooms
3 Full
Year Built
1926
Square Feet
3,974
sq. ft
Lot Size
0.11
Stories
2.0
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