Great investment. DLBA-owned 3-bedroom, 1.5-bath residential property located in the Fitzgerald/Marygrove neighborhood. Sale is subject to approval by the Detroit Land Bank Authority (DLBA) and execution of a DLBA Renovation/Development Agreement. Purchaser must submit a complete proposal to DLBA, including intended use and renovation timeline, proof of funds, scope of… Read More work with cost breakdown, and documentation of prior renovation projects (addresses and photos).A;The DLBA recommends reviewing all applicable Neighborhood Framework Plans through the City of Detroit Planning and Development Department for additional neighborhood context.A;A;DLBA retains the right to tax recapture for five (5) years following transfer of ownership. This may be incompatible with certain tax abatements or lot combinations. Waiver requests will be reviewed on a case-by-case basis and may require payment in lieu of taxes, subject to review of development pro forma and financing. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Atlas Properties Inc, [email protected], (313) 598-2566.
Listing Snapshot
Days Online
81
Last Updated
Property Type
Residential
Beds
3
Full Baths
2
Square Ft.
1,596
Lot Size
0.1 Acres
Year Built
1927
MLS Number
20251060706
30 Days Snapshot Of 48221
$184k
+19%
(avg) sold price
31
-16%
homes sold
93
+16%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
1,596 total square feet, 1,596 combined square feet, 912 total basement square feet, Built in 1927, Architectural style: Bungalow, 2 Story, Vinyl
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
No Garage, Garage?: 0
Water Features
Public (Municipal)
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.10, Lot size dimensions: 35X120
Pool
Pool?: 0
Property
Property type: Residential
Taxes
Tax amount (summer): $0, Tax amount (winter): $0
Sewer
Sewer (Sewer-Sanitary)
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