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$ 50,000
Est. payment /mo
Active
8788 Dexter Avenue Detroit, MI 48206 2161
3 Baths
2,550 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,550 sqft
Price per Sqft $19
Subdivision Mi
MLS Listing ID 60983892
Style 2 Story
Full Baths 3
Year Built 1918
Annual Tax Amount $832
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 36X120
Property Sub-Type Multi-Family
Property Description
The DLBA is seeking proposals for the renovation and reuse of this multi family home situated along one of Detroit's well-traveled corridors, 8788 Dexter Avenue offers a location rich in convenience, accessibility, and neighborhood character, this property is ideal for a buyer ready to take on a renovation project and bring it back into productive use. Interested buyers should submit a complete proposal outlining the intended use, renovation scope, project budget, timeline, proof of funds, and relevant prior experience. All proposals will be reviewed competitively based on purchase price, project feasibility, financial capacity, development experience, and neighborhood benefit. Please note that the DLBA is entitled to a tax capture for the five tax years following the transfer of ownership. This tax capture may be incompatible with certain tax abatements that may otherwise be available to the selected purchaser. The DLBA will review waiver requests on a case-by-case basis and may require a payment in lieu of taxes. Any payment will be determined after review of the development pro forma and the impact of any tax abatement on the project financing.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Residential
Rooms
Basement Block
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

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Listed by Keller Williams Realty-Great Lakes
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