7477 PRAIRIE Street new Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48210
Key Details
Property Type Multi-Family
Sub Type Upper/Lower Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 2,144 sqft
Price per Sqft $13
Subdivision Dovercourt Park (Plats)
MLS Listing ID 20250037202
Style Upper/Lower Apartment
Bedrooms 2
Full Baths 2
Year Built 1925
Lot Size 3,920 Sqft
Property Sub-Type Upper/Lower Apartment
Property Description
Great investment opportunity offering 3 bedrooms up, 3 down with a 2 car garage. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. 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 abatements and lot combinations 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 abatements on the purchase and development financing.
Location
State MI
County Wayne
Area Det South Of Grand River
Zoning Residential
Interior
Heating Hot Water
Exterior
Garage Spaces 2.0
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Aluminum
Schools
School District Detroit
Others
Acceptable Financing Cash
Listing Terms Cash