Great investment opportunity! DLBA-owned side-by-side duplexes located at 926 Navahoe St in Detroit's historic Jefferson Chalmers Neighborhood. Excellent opportunity for renovation and long-term investment in one of Detroit's unique waterfront communities.Conveniently located near the Detroit River, Mariner Park, Maheras-Gentry Park, Lakewood East Park, the Jefferson Avenue corridor, shopping, dining, and… Read More neighborhood amenities, with easy access to Downtown Detroit and Grosse Pointe. The area continues to benefit from public and private investment, neighborhood stabilization efforts, and ongoing redevelopment.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 package including intended use, renovation timeline, proof of funds, detailed scope of work with cost breakdown, and documentation of prior renovation projects (addresses and photos).The DLBA recommends reviewing applicable Neighborhood Framework Plans through the City of Detroit Planning and Development Department. Property sold as-is. DLBA retains the right to tax recapture for five (5) years following transfer of ownership. Certain tax abatements, lot combinations, or assemblages may require DLBA review and approval. Buyer to verify all information. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Atlas Properties Inc, [email protected], (313) 598-2566.
Listing Snapshot
Days Online
138
Last Updated
Property Type
Multifamily
Square Ft.
2,016
Lot Size
0.08 Acres
Year Built
1923
MLS Number
20261044036
30 Days Snapshot Of 48215
$121k
-35%
(avg) sold price
2
-75%
homes sold
20
-78%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
2 total units, 2 two-bedroom units, Built in 1923, Architectural style: Duplex, Brick, 2,016 total square feet, 2,016 combined square feet, 1,008 total basement square feet, Unit count: 2
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Public (Municipal)
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.08, Lot size dimensions: 35X100
Miscellaneous
Gross scheduled income: $0, Income projection: Projected, Monthly rental income: $0, Net operating income: $0, Operating expense: $0
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