DLBA-owned 3-bedroom, 1-bath residential property located in the Chalfonte neighborhood. Property is being sold together with one adjacent vacant lot, included in the total purchase price of $16,000. Adjacent lot address: 8601 Chalfonte, Detroit, MI . Sale is subject to approval by the Detroit Land Bank Authority (DLBA) and execution… Read More of a DLBA Renovation/Development Agreement. Purchaser must submit a complete proposal to DLBA, including intended use and renovation timeline, proof of funds, scope 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, 313-598-2566.
Listing Snapshot
Days Online
21
Last Updated
Property Type
Residential
Beds
3
Full Baths
1
Square Ft.
1,238
Lot Size
0.09 Acres
Year Built
1925
MLS Number
20251060518
30 Days Snapshot Of 48238
$70k
+8%
(avg) sold price
10
-37%
homes sold
93
+3%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
1,238 total square feet, 1,238 combined square feet, 825 total basement square feet, Built in 1925, Architectural style: Bungalow, 1 1/2 Story, Brick, Wood
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
No Garage, Garage?: 0
Water Features
Public (Municipal)
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.09, Lot size dimensions: 32X127
Pool
Pool?: 0
Property
Property type: Residential
Taxes
Tax amount (summer): $0, Tax amount (winter): $0
Sewer
Sewer (Sewer-Sanitary)
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