Brick Condo Opportunity in the Islandview Neighborhood – Detroit Land Bank Owned Fantastic opportunity to restore this Brick Condo in the Islandview neighborhood of Detroit. How to Apply: Interested buyers must submit a proposal that includes: 1. Project Proposal (intended use of structure + timeline) 2. Proof of Funds (bank… Read More statement or lender letter) 3. Scope of Work (breakdown of renovation costs) 4. Proof of Previous Projects: (include addresses and photos) Important Note: Sale is contingent on execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This 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, determined after review of the development pro forma and financing. Read Less
Courtesy of Keller Williams Realty-Great Lakes.
Listing Snapshot
Days Online
69
Last Updated
Property Type
Condominium
Beds
2
Full Baths
1
Partial Baths
1
Square Ft.
1,302
Year Built
1910
MLS Number
60940341
30 Days Snapshot Of 48214
$47k
+5167%
(avg) sold price
5
+400%
homes sold
215
+532%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved Street
Basement
Unfinished
Building
1,302 square feet, 6 total rooms, Built in 1910, Style: 2 Story, Townhouse
Exterior Features
Brick
Foundation
Basement
Water Features
Public Water
Heating
Natural Gas, Forced Air
Kitchen
Length: 12 feet, Width: 9 feet
Living Room
Length: 12 feet, Width: 14 feet
Taxes
Amount: $9,083
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