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$8,500
Est. payment /mo
3 Beds
1 Bath
1,314 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,314 sqft
Price per Sqft $6
Subdivision Hugo H Stenders
MLS Listing ID 60940678
Style 2 Story
Bedrooms 3
Full Baths 1
Abv Grd Liv Area 1,314
Year Built 1936
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 60X125
Property Sub-Type Single Family
Property Description
Discover the potential in this Highland Park Colonial offered through the Detroit Land Bank Authority. Built in 1936, this brick 2-story home features over 1,300 square feet of living space. The property sits on a 60x125 lot with a detached 2-car garage, providing plenty of outdoor space. Located near Woodward Avenue and John R Street, this property offers convenient access to Detroit's main corridors and surrounding neighborhoods. This is a DLBA listing - 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 (renovation budget and details) 4. Proof of Previous Projects (addresses and photos) Important Note: Sale is contingent upon execution of a DLBA Renovation/Development Agreement. The DLBA is entitled to a tax recapture for the five (5) tax years following transfer of ownership, which 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, subject to DLBA review of the project's financials. All offers and proposals must be submitted through the DLBA Path to Purchase portal (see agent remarks and documents for link). BATVAI. IDRBNG.
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement Unfinished
Interior
Heating Forced Air
Exterior
Parking Features Detached Garage
Garage Spaces 2.0
Garage Yes
Building
Story 2 Story
Foundation Basement
Water Public Water
Architectural Style Colonial
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Government Owned
Energy Description Natural Gas
Financing Cash
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Listed by Keller Williams Realty-Great Lakes
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