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Key Details
Sold Price $3,800
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,226 sqft
Price per Sqft $1
Subdivision Ravenswood (Plats)
MLS Listing ID 2210096676
Sold Date 05/10/23
Style Quadruplex
Bedrooms 4
Full Baths 4
Originating Board Realcomp II Ltd
Year Built 1919
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 45.00X120.00
Property Description
Welcome to the latest offering from the Detroit Land Bank Authority. 4 unit Brick Quadruplex in a up and coming neighborhood. This property needs a full rehab. Show with caution. Be advised that all potential buyers are required to prepare a proposal/proforma in order to qualify to purchase. 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. Please refer to DLBA proposal guidelines.
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Multi-Family
Direction Grand river south to ravenswood go north
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas
Heating Radiant
Fireplace no
Heat Source Natural Gas
Exterior
Road Frontage Paved
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Quadruplex
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W14I011954S
Ownership Government Owned,Short Sale - No
Acceptable Financing Cash, Quit Claims Deed
Listing Terms Cash, Quit Claims Deed
Financing Cash,Quit Claims Deed
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