2037 FORD Street, Detroit, MI 48238 - MLS#20240024507

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Jay Fontaine

jay@fontainerealtyteam.com +1(734) 718-7425

$7,000

Est. payment - /mo

2 Beds

2 Baths

1,824 SqFt

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UPDATED:

04/18/2024 08:15 PM

Key Details

Property Type Multi-Family

Sub Type Colonial

Listing Status Active

Purchase Type For Sale

Square Footage 1,824 sqft

Price per Sqft $3

Subdivision Robert Oakmans Twelfth St (Plats)

MLS Listing ID 20240024507

Style Colonial

Bedrooms 2

Full Baths 2

Originating Board Realcomp II Ltd

Year Built 1923

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 35.00 x 100.00

Property Description

Here's your opportunity to own this great 2 family unit located close to the Boston/Edison District, Downtown and Universities. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. 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: Livernois-I75 6-Gd River

Zoning Multi-Family

Direction S. of Oakman Blvd, E. of 14th

Rooms

Basement Unfinished

Interior

Heating Forced Air

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 Colonial

Level or Stories 2 Story

Structure Type Aluminum,Vinyl

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID W08I004759S

Ownership Government Owned,Short Sale - No

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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Listed by Natasha C Richards of Bellabay Realty Tri Counties

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Jay Fontaine

+1(734) 718-7425

Broker | License ID: 370315

Broker License ID: 370315

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