HOW MUCH WOULD YOU LIKE TO OFFER FOR THIS PROPERTY?
Additional details
$ 7,500
Est. payment /mo
Pending
118 W ARIZONA ST Highland Park, MI 48203
3 Baths
2,868 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Pending
Purchase Type For Sale
Square Footage 2,868 sqft
Price per Sqft $2
Subdivision Baldwin Park (Plats)
MLS Listing ID 20230099946
Style Colonial
Full Baths 2
Half Baths 1
Year Built 1921
Property Sub-Type MultiFamily
Property Description
This property is bundled with vacant lot 128 Arizona totaling= 9,191sqft. Not sold separately. Property zoned R2. 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. Please submit all proposals by 8/19/2024 5pm.
Location
State MI
County Wayne
Area Area05041Det68Grflddequindre
Rooms
Basement Unfinished
Interior
Heating HotWater, NaturalGas
Exterior
Parking Features ThreeCarGarage
Garage Spaces 3.0
Pool None
View Y/N No
Garage true
Building
Foundation Basement, Poured
Sewer PublicSewer
Water Public
New Construction No
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition GovernmentOwned, ShortSaleNo
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Listed by Leonard A Pickett III of RCH Brokerage Legacy Inc