Calling all investors to update this 13 unit brick apartment building. No interior access. Included in the deal is the vacant land across the street (2747 Montgomery).The lot is to be used for parking or green space for future tenants of this building. Buyer needs to eliminate exterior blight within… Read More 180 days of purchase. Compliance for eliminating exterior blight is windows, doors installed, holes in exterior & roof fixed, exterior lighting, register property as vacant with BSEED. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan w/ Proof Of Funds OR Pre- Approval letter on a new construction loan. Note that the DLBA 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 abatements and lot combinations 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 abatements on the purchase and development financing. BATVAI Please see attached docs. Read Less
Courtesy of RCH Brokerage Legacy Inc.
Listing Snapshot
Days Online
250
Last Updated
Property Type
Commercial/Industrial
Square Ft.
11,392
Lot Size
0.11 Acres
MLS Number
60915340
30 Days Snapshot Of 48206
$1k
+50%
(avg) sold price
3
+50%
homes sold
109
+118%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved Street
Building
11,392 square feet
Exterior Features
Brick
Foundation
Basement
Water Features
Gas, Public Water
Heating
Steam, Natural Gas
Lot
0.11 acres, Lot size: 46.50X106.70
Property
Multi-Family
Roof
Rubber
Sewer
Public Sanitary
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