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$ 80,000
Est. payment | /mo
2 Beds
2 Baths
1,302 SqFt
$ 80,000
Est. payment | /mo
2 Beds
2 Baths
1,302 SqFt
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,302 sqft
Price per Sqft $61
MLS Listing ID 20251039228
Bedrooms 2
Full Baths 1
Half Baths 1
Year Built 1910
Annual Tax Amount $9,082
Property Sub-Type Condominium
Source Realcomp
Property Description
Brick Condo Opportunity in the Islandview Neighborhood – Detroit Land Bank Owned Fantastic opportunity to restore this Brick Condo in the Islandview neighborhood of Detroit. How to Apply: Interested buyers must submit a proposal that includes: 1. Project Proposal (intended use of structure + timeline) 2. Proof of Funds (bank statement or lender letter) 3. Scope of Work (breakdown of renovation costs) 4. Proof of Previous Projects: (include addresses and photos) Important Note: Sale is contingent on execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This may be incompatible with certain abatements or lot combinations. Waiver requests will be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after review of the development pro forma and financing.
Location
State MI
County Wayne
Area Wayne County - 100
Direction From Kercheval, go southeast on E Grand Blvd, then northeast on St. Paul.
Interior
Heating Forced Air
Exterior
View Y/N No
Garage No
Building
Story 2
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W15I007469S006
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition {"Other":true}
Listed by Keller Williams Realty-Great Lakes
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Mike Himes
Associate Broker | Lic# 501408694