MI > Wayne > Detroit > 5700 Townsend Street

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Detroit, MI Learn More About Detroit

48213 Market info

$28,500

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  • 6 Units
  • 4,112 SqFt
  • MLS# 20240071565
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248-304-6700

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6-unit apartment building w/lots of potential. 4 units have 2 bedrooms, 2 units have 1 bedroom. Property needs work, but there is plenty of room to grow in this up and coming neighborhood. 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/or 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. Please refer to DLBA proposal guidelines.

Property Information

Status
Active 
Address
5700 Townsend Street 
City
Detroit 
Zip
48213 
Year Built
1912 
Style
Common Entry Building, Upper/Lower Apartment 
Possession
At Close 
Architecture
2 Story 
Listing Date
10/07/2024 
List Price
$28,500
Subdivision
Wm Taits (plats) 
County
Wayne 
Total Lower SqFt
2,182 
Above Grade SqFt
4,112 
Total No of Units
6 

School Information

School District
Detroit 

Taxes

Summer Taxes
$3,895 
Winter Taxes
$477 

Rooms and Land

Lot Dimensions
30.00 x 118.00 
Total Acres
0.08 

Features

Style
Common Entry Building, Upper/Lower Apartment 
Basement
Unfinished 
Heating
Forced Air, Natural Gas 

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  • Market Statistics
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Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
20240071565 Jan 31 2025 11:39AM $28,500 $35,000 196
20240071565 Active Oct 7 2024 11:06AM $35,000 196
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls, emails, and texts from Real Estate One and others about your inquiry and other home-related matters, but not as a condition of any purchase. To opt-out, you can reply 'stop' to texts or click the unsubscribe link in the emails. Msg/data rates may apply. View Privacy Policy.

Listing Broker

MIRC Logo

Listing Courtesy of Bellabay Realty Tri Counties
(248) 274-6614
Office Address 37361 Eight Mile Road

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5700 Townsend Street Detroit
Contact us
$28,500
For Sale • No. of Units: 6