Welcome to the latest offering from the Detroit Land Bank Authority. Come take a look at this Brick 4 unit Quadruplex in the Nardin Park community. Property needs a full rehab but will add a very nice piece to an up and coming portfolio. Please note that the Detroit Land… Read More 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 abatements and/or 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. Please refer to DLBA proposal guidelines. Read Less
Courtesy of Real Estate One-Southfield.
Listing Snapshot
Days Online
12
Last Updated
Property Type
Multi-Family
Square Ft.
3,720
Lot Size
0.11 Acres
MLS Number
60983561
30 Days Snapshot Of 48204
$1k
-19%
(avg) sold price
1
0%
home sold
25
+4%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved Street
Basement
Block
Building
3,720 square feet, 4 total units, Built in 1925, Style: 2 Story
Exterior Features
Brick
Foundation
Basement
Water Features
Public Water
Heating
Natural Gas, Forced Air
Income
Net operating income: $0
Lot
Lot size: 40X120, 0.11 acres
Property
Multi-Family
Taxes
Total amount: $1,353
Unit Five
Bedroom 2 width: 30
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