4520 BELVIDERE ST Active Save Request In-Person Tour Request Virtual Tour
MI 48214
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 2,412 sqft
Price per Sqft $6
Subdivision Sprague & Visgers Sub (Plats)
MLS Listing ID 20250023475
Style UpperLowerApartment
Full Baths 2
Half Baths 1
Year Built 1914
Property Sub-Type MultiFamily
Property Description
This property is sold as a bundle of 3 with 4298 and 4286 Belvidere. Not sold separately. Located in Pingree Park Neighborhood. Properties need full rehabs. 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 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 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. Please see attached documents for DLBA guidelines and submission instructions.
Location
State MI
County Wayne
Area Area05052Det6Macki75Conner
Interior
Heating HotWater, NaturalGas
Exterior
Pool None
View Y/N No
Roof Type Asphalt
Building
Foundation Basement, BrickMortar
Sewer PublicSewer
Water Public
New Construction No
Schools
School District Detroit
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition GovernmentOwned, ShortSaleNo