3740 ROCHESTER ST Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48206
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 4,030 sqft
Price per Sqft $2
Subdivision Mc Quades Dexter Blvd (Plats)
MLS Listing ID 20230020319
Style Colonial
Full Baths 4
Year Built 1924
Lot Size 4,356 Sqft
Property Sub-Type MultiFamily
Property Description
This property is sold in a bundle with 2 vacant lots 3724 and 3734 Rochester. Not sold separately. 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 Area05043Detlivernoisi756Gdriver
Interior
Heating ForcedAir, NaturalGas
Exterior
Pool None
View Y/N No
Building
Foundation Basement, Poured
Sewer PublicSewer
Water Public
New Construction No
Schools
High Schools Detroit
School District Detroit
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition GovernmentOwned, ShortSaleNo