Development opportunity near the historic Oakman Boulevard! This solid brick home is located just about one mile from the University of Detroit Mercy and only minutes from the vibrant Livernois Avenue of Fashion, offering convenient access to shopping, dining, restaurants, and neighborhood amenities. With its spacious layout and generously sized… Read More rooms, this property offers tremendous renovation potential. Whether you're an investor or an owner-occupant ready to add your personal touch, the possibilities are endless. The generous room sizes provide ample space for comfortable living and a growing family. Interested buyers must submit a complete proposal package for DLBA approval, including a project proposal, proof of funds, site plan or concept drawing, and proof of previous development experience. Sale is contingent upon execution of a DLBA Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This provision may be incompatible with certain tax abatements, lot combinations, or assemblages. Waiver requests may be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after DLBA review of the development pro forma and financing. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Next Level Realty & Investments, 734-506-0076.
Listing Snapshot
Days Online
7
Last Updated
Property Type
Residential
Beds
3
Full Baths
1
Square Ft.
1,450
Lot Size
0.1 Acres
Year Built
1935
MLS Number
20261057027
30 Days Snapshot Of 48204
$73k
-31%
(avg) sold price
11
-26%
homes sold
84
-21%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
1,450 total square feet, 1,450 combined square feet, 983 total basement square feet, Built in 1935, Architectural style: Bungalow, 1 1/2 Story, Brick
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
No Garage, Garage?: 0
Water Features
Community
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.10, Lot size dimensions: 35X124.25
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