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Additional details

Downtown Realty

team@dtrdetroit.com +1(313) 466-7253

$ 8,000

Est. payment -/mo

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Active

3200 CLAIRMOUNT Street Detroit, MI 48206

5 Beds

5 Baths

4,890 SqFt

UPDATED:

09/16/2024 06:22 PM

Key Details

Property Type Multi-Family

Sub Type Colonial

Listing Status Active

Purchase Type For Sale

Square Footage 4,890 sqft

Price per Sqft $1

Subdivision The Mc Erlane Joy Rd Sub (Plats)

MLS Listing ID 20240024323

Style Colonial

Bedrooms 5

Full Baths 5

Originating Board Realcomp II Ltd

Year Built 1928

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 44.00X100.00

Property Description

Property needs a full rehab top to bottom, but don't let that scare you away!! This 5 unit is looking for the right investor and will certainly turn a profit on this corner lot with great potential. Sale contingent on buyer/seller executed development agreement. All offers must be supported by proof of funds for both purchase price and construction costs. 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: Livernois-I75 6-Gd River

Zoning Multi-Family

Direction Joy to Lawton, Right on Clairmount

Rooms

Basement Unfinished

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Pool No

Waterfront no

Road Frontage Paved

Garage no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Colonial

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID W12I002641S

Ownership Government Owned,Short Sale - No

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Listed by Bellabay Realty Tri Counties

Downtown Realty

Brokerage | License ID: 6505386963

+1(313) 466-7253

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