2507 BEWICK ST Pending

Detroit,MI 48214

$ 5000

6 Beds

6 Baths

2074 SqFt


Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Pending

Purchase Type For Sale

Square Footage 2,074 sqft

Price per Sqft $2

Subdivision Bewicks Sub (Plats)

MLS Listing ID 20221049118

Style Colonial

Bedrooms 6

Full Baths 6

Year Built 1912

Property Sub-Type SingleFamilyResidence

Property Description

Calling all investors. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan w/ Proof Of Funds OR Pre- Approval letter on a new construction loan. Please note that the DLBA 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 abatement 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 abatement on the purchase and development financing. BATVAI. See attached documents for DLBA requirements and offer submission information.

Location

State MI

County Wayne

Area Area05066Detmcclellaneastmacktoshore

Interior

Heating ForcedAir, NaturalGas

Exterior

Parking Features NoGarage

Pool None

View Y/N No

Building

Foundation Basement, Poured

Sewer PublicSewer

Water Public, WateratStreet

New Construction No

Schools

School District Detroit

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition GovernmentOwned, ShortSaleNo

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