Great investment opportunity! Welcome to 15394 Freeland St, a solid brick 3-bedroom, 1-bath bungalow located in Detroit's Bethune Community. This property offers excellent potential for both homeowners and investors seeking value and long-term upside in a stable residential neighborhood. The home features a traditional layout with spacious living areas, ample… Read More natural light, and well-sized bedrooms. The brick exterior provides durability and classic curb appeal, while the interior offers a strong foundation ready for renovation and customization. Situated on a residential block with a mix of occupied homes and ongoing improvements, the area continues to show steady demand and revitalization. Conveniently located near schools, parks, shopping, and major roadways, with easy access to Downtown Detroit and surrounding areas. 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 to DLBA, including intended use and renovation timeline, proof of funds, detailed scope of work with cost breakdown, and documentation of prior renovation projects (addresses and photos). Buyers are encouraged to review applicable Neighborhood Framework Plans published by the City of Detroit Planning and Development Department (PDD) for additional neighborhood context. DLBA retains the right to tax recapture for five (5) years following transfer of ownership. This provision may be incompatible with certain tax abatements or lot combinations. Waiver requests are reviewed on a case-by-case basis and may require payment in lieu of taxes, subject to DLBA review of project financing and development pro forma. Property sold as-is. Buyer to verify all information. Ideal opportunity for investors, rehabbers, or owner-occupants looking to renovate and add value in Detroit's Bethune Community. Read Less
Courtesy of Atlas Properties Inc.
Listing Snapshot
Days Online
2
Last Updated
Property Type
Single Family
Beds
3
Full Baths
1
Square Ft.
1,203
Lot Size
0.09 Acres
Year Built
1937
MLS Number
60982760
30 Days Snapshot Of 48227
$1k
0%
(avg) sold price
0
-100%
homes sold
6
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved Street
Basement
Unfinished
Building
1,203 square feet, 4 total rooms, Built in 1937, Style: 2 Story, Colonial
Exterior Features
Brick
Foundation
Basement
Garage
1 car space in garage, Detached Garage
Water Features
Public Water
Heating
Natural Gas, Forced Air
Lot
0.09 acres, Size: 40X110
Taxes
Amount: $1,565
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