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  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 889 sqft
Garage No
Taxes 
Days Active 291
Lot Size 
Approx. Age 1950
Avg. Price Per Sqft $13
MLS® Number 20240071509

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Great investment opportunity in the Northeast Central District and awaiting your vision. Offered by the Detroit Landbank Authority, this home is a 3 bedroom bungalow included with the vacant land, 18610 Maine that is 5271 square feet. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal (not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. 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 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. Be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development.Show Description
MLS® Number20240071509
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1
Exterior
GarageNo
Approx. Age1950
BasementUnfinished
DrivewayNo Garage
Garage Spaces
HeatForced Air, Natural Gas
A/C
Heating Fuel

Extras

Rooms

Show Details
Other:Second27 × 11 ft
Other:Not available
Living Room:16 × 11 ft
Kitchen:13 × 8 ft
Other:11 × 9 ft

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