Zoned R6. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit�s Planning and Development Department for additional context about the neighborhood. 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 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.
LOCATED 8 MINUTES FROM NEW CENTER YOU WILL FIND 5378 VANCOUVER STREET NESTLED ON A 4,110 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOAST TWO 2 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH 2 NEW FURNACES. IN ADDITION, THIS HOME DISPLAYS BRAND NEW ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. MOREOVER SHE HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. NO EXPENSE HAS BEEN SPARED. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS WITH MONTHLY DIVIDENDS OF $2428. THIS INVESTMENT PAYS A RETURN OF JUST UNDER 15%. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
There is solid potential in this 2400 s.f. 2 family home which sits on a block with long time homeowners and tenants. This property is in need of a rehab, but with 3 beds up and down, you'll derive maximum section 8 rents generally in the $1600 per month range. Section 8 is the future of real estate investing, so don't hesitate and get your walk through today!
Checkout this 3 bedroom 1 bath with a fenced in backyard that has plenty of space to create the perfect oasis for your family. Schedule your showing today.
Live In Or Rent Out! Performing Turn Key Rental Duplex! Conveniently Located!!!! Quiet Family Neighborhood! 11519 Is Rented & Fully Renovated, 11517 is Vacant waiting for you or your tenant! Updates to Plumbing, Separate Newer Furnaces and Hot Water Tanks! Look At This Return On Your Investment!!! Please do Not Disturb Tenant, Call Carol Wright Co-Lister For Showings!
Own a piece of prime real estate with this income-generating brick multi-family home! This fantastic property features two spacious units, offering a perfect opportunity for investors seeking a strong return on investment. Lower: Currently occupied by a reliable tenant paying $900 per month, providing immediate income. Section 8 ready, allowing you to find a new tenant and maximize your rental income. Property is one of five: 11434 Laing, 20460 Appoline, 12717 Riad, 17696 Woodbine
Fantastic bungalow on the city's west side. This house features four large bedrooms. Two of them on the first floor. Brand new boiler and a newer roof. Turn key property with plenty of room for the new owner to add value.
Brick Colonial Multifamily 3 down 2 up INVESTOR SPECIAL!!! Located on the same street as The Union Carpenters And Millwrights Skilled Training Center near the NEW 60,000 square foot, Merit Park Recreation / Fitness Center Project on Grand River / 96 service drive also the NEW Joe Lewis Greenway 27.5 mile bike and walking trail...this is next to it all. Each unit has 2 bedrooms, entry unity has an extra sunroom back porch amenity with own private entrance and the upper unit has an upper balcony amenity for their enjoyment. Upper unit with pass-through bedroom to bathroom access. Forced air heating with separate furnace / heating controls for each unit. Newer model 3 dimensional design roof, some newer model windows also new electric and new basement piping redone. Each unit has a sizable kitchen with each unit having a separate dining area outside of kitchen. Building has accessible attic area that could be converted into another livable area or unit with the proper City approved build out. Located near The Queens Community Workers Home of Love Center, Michigan International Prep, Hope of Detroit Academy, The Motown Museum, Henry Ford Hospital, city parks, public transportation, major highways, grocers, dining and other merchants of convenience. A few blocks from Historic Grand River Avenue making it a 10 minute straight route to the Downtown Detroit area. Do not approach home without licensed agent and prior appointment. Contact your agent today for a showing, 48 hour advanced notice is required, owner asks for proof of funds with verbal offer prior to access, please call about earlier appointment details. Home being sold "As Is" with warranty deed transfer. Buyer representative to verify all information and water read ~ BATVAI ~ 495 office transaction fee buyer payable at closing.
There used to be a factory here so utilities should already be there. 10 min from Downtown Detroit
2 bedroom Ranch near Grand River and Wyoming. Large covered front porch. Living room with brick fireplace. Spacious bedrooms with hardwood floors. Original tile in bathroom. Full basement. One car garage. Needs some updating and TLC.
Welcome to 6601 Tireman Street, Detroit! Formerly a revered church, this expansive 3,354 sq ft Business-zoned building with a basement offers endless possibilities for your next venture. Building is equipped with New Electrical 600 Amp from city and 5 200 AMP 3 phase. 5 New 5 ton ac units. In addition lot number 18 which is directly behind the building is also included in the sale. Situated on a deep lot, it's a canvas for innovation and growth. Unleash your creativity in this iconic space!
Freshly renovated 2 family house on great block near Livernois. All new windows throughout. Updated kitchen and bathroom. Move in ready. Great investment opportunity or live in one unit and rent out the other unit. Each unit is 3 bedrooms and 1 bathroom. Upper unit and lower unit. Common water meter. Buyer's agents are welcome.
Updated certified two family house ready for tenant occupancy and immediate income. Spacious rooms. Fenced yard. Driveway and street parking. Separate gas and electric meters. Hardwood floors thru out. Forced air furnaces. Separated basement with laundry room. Nearby freeways centrally located. Security system and security doors. GREAT INCOME POTENTIAL. TURN KEY INVESTMENT
Looking for that perfect land based project in the Nardin Park Community? You found it!! This is a land-based site. The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. 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.
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 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.
BEAUTIFUL COLONIAL HOME CLOSE TO SOUTHWEST DETROIT. BIG VACANT LOT NEXT DOOR. Immediate occupancy. 40,000 down land contract option.
Discover endless potential in this 3,000 spft free-stading building with high traffic and visibility location. Contact listing agent for details and seize this prime opportunity.
Vacant. When rented was getting $1000m. Showing upon accepted offer.
Property ID W18I005306C11, 8324 Joy Road is also included with this sale. Great location and very clean building. Many updates including 2018 roof, Half bath. Building has forced air heating and city water. Plenty of parking. Side retractable automatic garage with a steel door for security. All property is enclosed with a fence, Wide entrance gate. Endless opportunities to have your own business.
Over 33000 SQFEET of Green Zone Space/ Cultivation and Processing Center/ High Ceiling/ Currently being used as a warehouse
(((oh))) W(@)W - - LOOK ! Finally I can discover the future of smart investing witha great TURNKEY investor special in the BOOMING city of Detroit: Certified, Rented and VERY Profitable! If you are looking for a hassle-free and lucrative investment opportunity in one of the world's top property markets, this is the deal for you. This property features: A SECTION 8 Tenant - paying $2,200 per month, giving you a secure and steady income stream. 2 Units - both 2 bedrooms with 1 Bathroom A Fully CERTIFIED and UPDATED property - meeting all the city and section 8 standards, saving you time and money on repairs and inspections. A prime location in Detroit, a city that is experiencing a remarkable economic and cultural revival, attracting businesses, tourists and many new residents. With this property you won't have to do anything but collect the rent checks. Property Management by RPI Management & Neighborhood Legal Services of Michigan NO SHOWINGS WITHOUT AN ACCEPTED OFFER. DO NOT DISTURB TENANTS. CONTACT US TODAY TO MAKE THIS PROPERTY YOURS! SELLER HAS 17 SECTION 8 PROPERTIES FOR SALE IF YOU WOULD LIKE TO BUY A PACKAGE. Buyer to pay $495 Compliance Fee to Community Choice Reality. [[ All Section 8 Properties available: 12110 BRAILE, 9129 FORRER, 12930 CANFIELD, 472 WYOMING, 19260 REVERE, 8265 ASHTON, 19751 FENELON, 18671 SHIELDS, 19347 CONLEY, 8666 BURT, 15776 ARDMORE, 12935 PAYTON, 19497 FREELAND, 14070 ROSELAWN, 12035 MENDOTA, 11256 COURVILLE, 19005 GALLAGHER ]]
Great opportunity to purchase this multi-use property. It was previously a laundromat and a used car lot. It is currently being used to store semi-trucks. Bring your vision to this property. There are many uses for this property. There is plenty of land for parking and or expansion to build bigger. The buyer will receive a warranty deed, clear title, and title insurance. The buyer will pay a $495 transaction fee to Downtown Realty.
5 parcel package deal. 4 parcels on Livernois 113x73 and 1 parcel on Stearns 30x100. Great location and close to I96 for your next development.
Residential infill development opportunity in Petoskey-Otsego neighborhood. The addresses included in the sale are: 8745 and 8771 Heritage Place. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. A wide range of housing types are welcome and encouraged; such as Townhomes, Quadplex or SFR detached. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit�s Planning and Development Department for additional context about the neighborhood.
GREAT OPPORTUNITY ON A LARGE CORNER LOT SITTING ON OVER 1/2 ACRE OF LAND. BUILDING IS CURRENTLY BEING USED AS A HOOKAH SHOP BUSINESS THAT IS NOT INLCUDED IN THE SALE. SALE INCLUDES 8815 WYOMING LAND, LOTS OF BUSINESS POSSIBILITIES, LED LIGHTS THROUGHOUT, CAMERA SYSTEM, NEWER METAL ROD FENCING THROUGHOUT, 2 GATE ENTRANCES, ONE FROM WYOMING AND ONE FROM JOY RD. ALL DATA APPROXIMATE.
The median home value in Detroit, MI is $71,600. This is lower than the county median home value of $150,200. The national median home value is $338,100. The average price of homes sold in Detroit, MI is $71,600. Approximately 36.89% of Detroit homes are owned, compared to 39.44% rented, while 23.66% are vacant. Detroit real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Detroit real estate agent to arrange a tour today!
Detroit, Michigan 48204 has a population of 645,658. Detroit 48204 is less family-centric than the surrounding county with 16.17% of the households containing married families with children. The county average for households married with children is 25.56%.
The median household income in Detroit, Michigan 48204 is $34,762. The median household income for the surrounding county is $52,830 compared to the national median of $69,021. The median age of people living in Detroit 48204 is 35 years.
The average high temperature in July is 83.5 degrees, with an average low temperature in January of 18.5 degrees. The average rainfall is approximately 33.5 inches per year, with 33 inches of snow per year.