2709 Hogarth St
Detroit, MI 48206
$8,000
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Great for experienced investors. Looking for a buyer to rehab this multi-family home and the vacant lot is included (2721 Hogarth). The seller is the Detroit Land Bank Authority. 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 abatement 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 abatement on the purchase and development financing.Please see attached DLBA requiremts.

http://www.www.realestateone.com.com/2200049384
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Phone: 248-304-6700
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www.www.realestateone.com.com/2200049384
Customer Care
 
Property Details
Status: Active
Listing Date 06/29/2020
County: Wayne
Acreage: 0.1
Lot Dimensions: 40.00X110.00
Subdivision: Crosman & Mc Kays Sub (plats)
School District: Detroit
Number of Units: 4
Style: Quadruplex
Year Built: 1916
Possession: At Close
Total Finished SqFt: 3,898
Above Grade Finished SqFt 3,898
Basement: Unfinished
 
Heating: Forced Air, Natural Gas, Separate Meters
 
Listing Office: Rch Brokerage Legacy Inc
Office Address: 21411 Civic Center Dr Ste 2200
Listing Number: 2200049384
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