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Est. payment /mo
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8245 Manor Street Detroit, MI 48204 3024
2 Beds
1 Bath
1,784 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,784 sqft
Price per Sqft $6
Subdivision Robert Oakman Land Cos Aviation Field Sub 4 L58 P4
MLS Listing ID 61021383
Style 2 Story
Bedrooms 2
Full Baths 1
Abv Grd Liv Area 1,784
Year Built 1944
Annual Tax Amount $1,691
Property Sub-Type Condominium
Property Description
Detroit Land Bank Authority opportunity in Detroit's west side! This property at 8245 Manor Street, Detroit, MI 48204 is ready for renovation and offers excellent potential for investors, developers, or owner-occupants looking to restore and improve a classic Detroit property. The property has a clean title. Ideally located in the 48204 area, the property is surrounded by established residential neighborhoods and ongoing residential investment and redevelopment. Convenient access to major roadways, public transportation, parks, shopping, dining, and other Detroit amenities makes this an attractive opportunity for those looking to invest in a growing area of the city. The surrounding neighborhood features a mix of historic residential properties and redevelopment projects, providing opportunities for continued revitalization while maintaining the established character of Detroit's west side. Purchasers should conduct their own due diligence regarding neighborhood conditions, comparable properties, zoning, intended use, and development requirements. Purchaser to comply with all Detroit Land Bank Authority requirements. Property sold as-is. Purchaser to verify all measurements, zoning, utilities, property condition, and development requirements. Property has a clean title. DLBA Disclosure: DLBA is entitled to a tax capture for the five tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements 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 the effect of any tax abatement on the purchase and development financing.
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement Unfinished
Interior
Heating Forced Air
Exterior
Garage No
Building
Story 2 Story
Foundation Basement
Water Public Water
Architectural Style Colonial, Townhouse
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Government Owned
Energy Description Natural Gas
Financing Cash,FHA 203K
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Listed by Keller Williams Realty-Great Lakes
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