$12,000 for Sale
18620 maine, detroit, MI 48234
| Beds 3 | Baths 1 | 889 Sqft | 0.10 Acres |
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1 of 1 |
Property Description
Great investment opportunity in the Northeast Central District and awaiting your vision. Offered by the Detroit Landbank Authority, this home is a 3 bedroom bungalow included with the vacant land, 18610 Maine that is 5271 square feet. 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. be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development.
General Information
Sale Price: $12,000
Price/SqFt: $13
Status: Active
MLS#: 60345174
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: leland highlands (plats)
Acres: 0.1
Lot Dimensions: 40.00 x 105.00
Bedrooms:3
Bathrooms:1 (1 full, 0 half)
House Size: 889 sq.ft.
Acreage: 0.1 est.
Year Built: 1950
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Bedroom 1: 11x27
Bedroom 2 : 11x11
Bedroom 3: 9x11
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen: 8x13
Livingroom: 11x16
Pole Buildings:
Paved Road: Paved Street
Garage: No Garage
Exterior: Vinyl Siding
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sanitary
Watersource: Public Water
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $0
HOA fees:
Information provided by East Central Association of REALTORS
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Listing By: Natasha Richards of Bellabay Realty Tri Counties, Phone: 248-274-6614
