HOW MUCH WOULD YOU LIKE TO OFFER FOR THIS PROPERTY?
Additional details
$ 29,900
Est. payment /mo
Pending
7477 PRAIRIE ST Detroit, MI 48210
2 Baths
2,144 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Pending
Purchase Type For Sale
Square Footage 2,144 sqft
Price per Sqft $13
Subdivision Dovercourt Park (Plats)
MLS Listing ID 20250037202
Style UpperLowerApartment
Full Baths 2
Year Built 1925
Lot Size 3,920 Sqft
Property Sub-Type MultiFamily
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 Area05101Detsouthofgrandriver
Rooms
Basement Full, Unfinished
Interior
Heating HotWater, NaturalGas
Exterior
Parking Features Garage
Pool None
View Y/N No
Garage true
Building
Foundation Basement, Block
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 Natasha C Richards of Bellabay Realty Tri Counties