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Key Details
Sold Price $2,500
Property Type Single Family Home
Sub Type Single Family
Listing Status Sold
Purchase Type For Sale
Square Footage 900 sqft
Price per Sqft $2
Subdivision Gratiot Lawn
MLS Listing ID 40026370
Sold Date 12/21/20
Style 1 1/2 Story
Bedrooms 3
Full Baths 1
Abv Grd Liv Area 900
Year Built 1950
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 35.00X110.00
Property Description
Great for experienced investors.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. BATVAI. Please see attached documents for DLBA guidelines.
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement Unfinished
Interior
Heating Forced Air
Exterior
Garage Detached Garage
Garage Spaces 1.0
Garage Yes
Building
Story 1 1/2 Story
Foundation Basement
Architectural Style Bungalow
Structure Type Aluminum
Schools
School District Detroit City School District
Others
Ownership Government Owned
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with RCH Brokerage Legacy Inc
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