1421 Webb St
Detroit, MI 48206
$25,000
3 Bedrooms
1 Full Baths
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Huge brick colonial on a large lot. Come see the latest offering from the Detroit Land Bank Authority. Needs full rehab. Sale includes vacant lot next door at 1409 Webb, zoned R-5. Plenty of space to build another structure or multiple structures. Lodge Freeway access could make this property a good bargain for the right individual. 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. Please refer to DLBA guidelines

http://gkelley.realestateone.com/2200072363
Eugene Kelley II
29100 Northwestern Hwy. Suite 110
Southfield, MI 48034
Mobile: 248-506-1257
Direct: 248-506-1257
[email protected]
https://gkelley.realestateone.com
 
Property Details
Status: Active
Listing Date 09/03/2020
County: Wayne
Acreage: 0.14
Lot Dimensions: 60.00X103.00
Subdivision: Robert Oakmans Hamilton Blvd Sub (plats)
School District: Detroit
Architecture: 2 Story
Home Style: Colonial
Possession: At Close
 
Property Type: Residential
Total Finished SqFt: 3,176
Above Grade Finished SqFt 2,476
Lower Level Square Footage: 700
Year Built: 1916
 
 
Exterior Materials: Brick
 
 
Bedroom2: 10.00X11.00 2nd Floor
Bedroom3: 12.00X14.00 2nd Floor
Bedroom4: 10.00X10.00 2nd Floor
Bath2: 4.00X6.00 2nd Floor
Dining: 8.00X9.00 1st Floor
Kitchen: 8.00X9.00 1st Floor
Living: 11.00X10.00 1st Floor
Basement: Y
Basement details: Unfinished
Garage: 2.0
Garage Desc.: Detached
Appliances: None (Appliances)
 
Heating: Natural Gas, Other
Water: Municipal Water
Sewer: Sewer-Sanitary
 
Listing Office: Southfield
Office Address: 29100 Northwestern Hwy.
Listing Number: 2200072363
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