4266 Waverly Street
Detroit, MI 48238
$4,100
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Welcome to the latest offering from the Detroit Land Bank Authority! Historic Russell Woods. Brick Multifamily, in need of full rehab. Be very careful during showing. take a flashlight Priced to move. 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 proposal guidelines

http://gkelley.realestateone.com/2210076228
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 09/13/2021
County: Wayne
Acreage: 0.08
Lot Dimensions: 35.00X100.00
Subdivision: Russell Woods (plats)
School District: Detroit
Number of Units: 2
Style: Upper/Lower Apartment
Year Built: 1927
Possession: At Close
Total Finished SqFt: 2,816
Above Grade Finished SqFt 2,016
Lower Level Square Footage: 800
Basement: Unfinished
 
Heating: Natural Gas, Radiant
 
Listing Office: Southfield
Office Address: 29100 Northwestern Hwy.
Listing Number: 2210076228
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