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85552638863196 LOCKWOOD STActiveSave
Detroit, MI 48210-3211
0
5000-100.0%
-1Bed
2Baths
2000SqFt
UPDATED
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $2
Lot Size 4,356 Sqft
Year Built 1905
MLS Listing ID 40111582
Financing Cash
Style 1 1/2 Story
Subdivision Mi
Full Baths 2
Property Description
Great for experienced investors. 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 abatement 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 abatement on the purchase and development financing. BATVAI. Please see attached documents for DLBA guidelines.
Location
State MI
County Wayne
Area Detroit (South Of Grand River) (82101)
Zoning Residential
Multi-Unit Info
Total Units 2
Interior
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Wood
Amenities Available Pets-Not Allowed
Waterfront No
Building
Story 1 1/2 Story
Foundation Basement
Lot Dimensions 30.00X147.00
Water Public Water
Structure Type Wood
Schools
School District Detroit City School District
Others
Ownership Government Owned
Energy Description Natural Gas
Read More
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listing provided by RCH Brokerage Legacy Inc
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