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$ 70,000
Est. payment /mo
Pending
284 E Philadelphia Street Detroit, MI 48202 2229
4 Baths
3,146 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 3,146 sqft
Price per Sqft $22
Subdivision Mi
MLS Listing ID 60973391
Style 2 Story
Full Baths 2
Half Baths 2
Year Built 1907
Annual Tax Amount $675
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 50X125
Property Sub-Type Multi-Family
Property Description
Great opportunity to invest in the city of Detroit. This brick duplex is located in Detroit's North End neighborhood and zoned R3. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan with Proof Of Funds or Pre- Approval letter, or a new construction loan. 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 & may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development financing. BATVAI Please see attached documents for DLBA requirements.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Residential
Rooms
Basement Poured
Interior
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Brick
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Government Owned
Energy Description Natural Gas
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by RCH Brokerage Legacy Inc
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