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$4,250
Est. payment /mo
2 Baths
3,049 Sqft Lot
UPDATED:
12/23/2024 04:58 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2210096678
HOA Y/N true
Originating Board Realcomp
Year Built 1912
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 30.00X109.00
Property Description
Welcome to the latest offering from the Detroit Land Bank Authority. Brick 2 family flat in need of a total rehab. This property also includes the adjacent lots at 4603 Meldrum and 4619 Meldrum. Be advised that all potential buyers are required to prepare a proposal/proforma in order to qualify to purchase. DLBA proposal guidelines are attached for review. 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. Please refer to DLBA proposal guidelines
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Multi-Family
Direction i 94 east to mt elliot go south to meldrum go east
Interior
Heating Radiant
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Sewer Public
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W15I013671S
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition {"Other":true}
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Listed by Real Estate One-Southfield