5335 ALLENDALE Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48204
Key Details
Property Type Multi-Family
Sub Type Colonial
Listing Status Active
Purchase Type For Sale
Square Footage 3,436 sqft
Price per Sqft $5
Subdivision Security Land Cos (Plats)
MLS Listing ID 20240043904
Style Colonial
Bedrooms 4
Full Baths 4
Year Built 1923
Annual Tax Amount $325
Lot Size 5,227 Sqft
Property Description
Attention Investors check out this latest offering from the Detroit Land Bank Authority! Welcome to an incredible investment opportunity in the Midwest neighborhood! This two-story full brick colonial property boasts over 3000 square feet of potential, offering versatile living spaces across four units. This property presents a unique opportunity for restoration and renovation, allowing you to unleash its full potential. Please note that the DLBA 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 abatement 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
Location
State MI
County Wayne
Area Det South Of Grand River
Zoning Multi-Family
Interior
Heating Forced Air
Exterior
Waterfront no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick
Schools
School District Detroit
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional