Perfect for investors. DLBA-owned 3-bedroom, 1.5-bath residential property located in the FarwellA; neighborhood. 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, scope… Read More of work with cost breakdown, and documentation of prior renovation projects (addresses and photos).A;The DLBA recommends reviewing all applicable Neighborhood Framework Plans through the City of Detroit Planning and Development Department for additional neighborhood context.A;A;DLBA retains the right to tax recapture for five (5) years following transfer of ownership. This may be incompatible with certain tax abatements or lot combinations. Waiver requests will be reviewed on a case-by-case basis and may require payment in lieu of taxes, subject to review of development pro forma and financing. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Atlas Properties Inc. [email protected] (313) 598-2566
Listing Snapshot
Days Online
99
Last Updated
Property Type
Residential
Beds
3
Full Baths
1
Partial Baths
1
Square Ft.
1,065
Lot Size
0.09 Acres
Year Built
1947
MLS Number
20251060724
30 Days Snapshot Of 48234
$48k
-29%
(avg) sold price
14
-48%
homes sold
97
+22%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
1,065 total square feet, 1,065 combined square feet, 725 total basement square feet, Built in 1947, Architectural style: Bungalow, 1 1/2 Story, Aluminum
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
No Garage, Garage?: 0
Water Features
Public (Municipal)
Heating
Baseboard, Forced Air, Wall Furnace, Natural Gas
Lot
Lot size area: 0.09, Lot size dimensions: 40X100
Pool
Pool?: 0
Property
Property type: Residential
Taxes
Tax amount (summer): $0, Tax amount (winter): $0
Sewer
Sewer (Sewer-Sanitary)
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