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2037 Ford Street

Detroit, MI 48238
  • $7,000
  • STATUS: Active
  • ON SITE: 147 Days
  • MLS #: 24000457
UPDATED: 81 min ago
$7,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

School District:

Description

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.

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© 2024 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2024-05-29T12:59:54.557.
www.real5.com/homes/146327337
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2037 Ford Street Detroit, MI 48238

  • Price: $7,000
  • Status: Active
  • On Site: 147 Days
  • Updated: 81 min ago
  • MLS #: 24000457
0
Beds
0
Baths
0
½ Baths
0.08
Acres
1923
Built
Neighborhood:
Detroit City
County:
Wayne
School District:
Detroit
Property Description
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.
Exterior Features

Construction Materials Vinyl SidingAluminum Siding Parking Total 0 Road Surface Type Paved Waterfront YN No

Interior Features

Basement Full Basement YN Yes Heating Forced AirNatural Gas Heating YN Yes

Property Features

Auction Or For Sale For Sale Cross Street Oakman & 14th Documents Available [] Gross Income 0 Listing Terms Cash New Construction YN No Owner Pays Trash CollectionElectricityWaterSewerGas Property Sub Type 2 to 4 Units Sewer Public Sewer Tax Annual Amount 0 Tax Year 0 Tenant Pays ElectricWaterTrash CollectionSewerGas Utilities Public Water AvailablePublic Sewer AvailableNatural Gas AvailableElectric AvailableNatural Gas Connected Zoning Multi-Family

Listing provided courtesy of Natasha Richards of BellaBay Realty Tri-Counties: 248-274-6614. © 2024 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed.
© 2024 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2024-05-29T12:59:54.557.
 
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