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Listing Courtesy of: Natasha Richards - Bellabay Realty Tri Counties 248-274-6614

$7,000

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2037 FORD Street Detroit, MI 48238

Multi-Family Residence

Beds

2 Baths

Sq. Ft.

0.08 Acre Lot

Property Activity

Time on Site

days

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Last updated on 11/8/2024 7:21 AM

Listing Details

Here's your opportunity to own this great 2 family unit located close to the Boston/Edison District, Downtown and Universities. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just 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. Continue reading

Source MLS

Real Comp

Originating MLS

Realcomp II Ltd

MLS#

20240024507

Property Type

Multi-Family

Bathrooms

2 Full

Year Built

1923