Brick Condo Opportunity in the Islandview Neighborhood - Detroit Land Bank OwnedA;Fantastic opportunity to restore this Brick Condo in the Islandview neighborhood of Detroit. A;How to Apply:A;Interested buyers must submit a proposal that includes:A;1. Project Proposal (intended use of structure + timeline)A;2. Proof of Funds (bank statement or lender letter)A;3.… Read More Scope of Work (breakdown of renovation costs)A;4. Proof of Previous Projects: (include addresses and photos)A;A;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. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Keller Williams Realty-Great Lakes, [email protected], (586) 541-4000.
Listing Snapshot
Days Online
165
Last Updated
Property Type
Condominium
Beds
2
Full Baths
1
Partial Baths
1
Square Ft.
1,302
Year Built
1910
MLS Number
20251039226
30 Days Snapshot Of 48214
$276k
+133%
(avg) sold price
18
+80%
homes sold
116
+13%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
1,302 total square feet, 1,302 combined square feet, 722 total basement square feet, Built in 1910, Architectural style: Townhouse, 2 Story, Brick
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