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Additional details

Downtown Realty

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

$ 12,000

Est. payment -/mo

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Active

18620 MAINE Street Detroit, MI 48234

3 Beds

1 Bath

889 SqFt

UPDATED:

10/08/2024 10:01 AM

Key Details

Property Type Single Family Home

Sub Type Bungalow

Listing Status Active

Purchase Type For Sale

Square Footage 889 sqft

Price per Sqft $13

Subdivision Leland Highlands (Plats)

MLS Listing ID 20240071509

Style Bungalow

Bedrooms 3

Full Baths 1

HOA Y/N no

Originating Board Realcomp II Ltd

Year Built 1950

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 40.00 x 105.00

Property Description

Great investment opportunity in the Northeast Central District and awaiting your vision. Offered by the Detroit Landbank Authority, this home is a 3 bedroom bungalow included with the vacant land, 18610 Maine that is 5271 square feet. 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. be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development.

Location

State MI

County Wayne

Area Det 6-8 Dequindre To Conner

Direction S. of 7 Mile, W. of Conant

Rooms

Basement Unfinished

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Garage Description No Garage

Pool No

Waterfront no

Road Frontage Paved

Garage no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Bungalow

Warranty No

Level or Stories 1 1/2 Story

Structure Type Vinyl

Schools

School District Detroit

Others

Tax ID W09I012551S

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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