2134 CADILLAC Boulevard Active

Detroit,MI 48214

$ 20200

0 Bed

- Bath

9690 SqFt


Key Details

Property Type Commercial

Sub Type Real Estate Only

Listing Status Active

Purchase Type For Sale

Square Footage 9,690 sqft

Price per Sqft $2

Subdivision Waterworks (Plats)

MLS Listing ID 20240071837

Year Built 1912

Annual Tax Amount $100

Lot Size 6,098 Sqft

Property Description

Bring your hard hat and let's bring your vision to life with this apartment building offering over 9,690 square feet, 3 stories and located in East village. This great investment opportunity is located minutes from Eastern Market, Indian Village and Downtown Detroit at an amazing price. Sale contingent on buyer/seller executed development agreement. 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.

Location

State MI

County Wayne

Area Det: Mcclellan East/Mack To Shor

Zoning Multi-Family,Residential

Exterior

Waterfront no

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick

Schools

School District Detroit

Others

Assessment Amount $100

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Full Service

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