Property Type Multifamily
 Parcel # W14I011954S
 County Wayne
 Sold Price $3,800
 Sold Date 05/10/2023
 Close Date 05/10/2023 12:00 AM
MLS Public Remarks  Welcome to the latest offering from the Detroit Land Bank Authority. 4 unit Brick Quadruplex in a up and coming neighborhood. This property needs a full rehab. Show with caution. Be advised that all potential buyers are required to prepare a proposal/proforma in order to qualify to purchase. 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/2210096676
AGENT/COMPANY DETAILS  
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
LOCATION  
  • Mailing City  Detroit
  • Township  Detroit
  • Directions  Grand river south to ravenswood go north
  • HOUSE DESCRIPTION  
  • Fin Below Grd SqFt  600
  • Total Fin SqFt  3,826
  • Price/SqFt  $1
  • Unfinished SqFt  0
  • Above Grade Finished SqFt  3,226
  • CDOM  303
  • Sub Property Type  Multifamily
  • Year Built  1919
  • Days on Market  303
  • ASSESSMENT/SCHOOLS   
  • Land Assessment  -
  • Improvements  $3750
  • Acreage  0.12
  • Taxes  -
  • Tax Year  -
  • Summer Taxes  -
  • School District  Detroit
  • Winter Taxes  -
  • LOT DESCRIPTION  
  • Subdivision  Ravenswood (plats)
  • Lower Level Square Footage  600
  • Waterview  N
  • Number of Units  4
  • Waterfront  N
  • For Lease/Rent  N
  • Est. Total Acres  0.12
  • Lot Dimensions  45.00X120.00
  • WaterFrontage   0
  • INTERIOR FEATURES  
  • Heating  Natural Gas, Radiant
  • Water  Public (Municipal)
  • Basement  Y
  • Heating  Natural Gas, Radiant
  • EXTERIOR FEATURES  
  • Garage  0.0
  • Architecture  2 Story
  • Basement details  Unfinished
  • Sewer  Public Sewer (Sewer-Sanitary)
  • Parking Desc  On Street
  • Home Style  Quadruplex
  • Possession  At Close
  • Exterior Materials  Brick
  • DETAILS  
  • Subagent Commission  Sold
  • Status Change Date  05/11/2023
  • Listing Date  11/22/2021
  • Internet/IDX  Y
  • Pending Date  09/21/2022
  • Co-Listing Agent Name  Patricia Phillips, ABR, GRI, SRES, AWD, C2EX
  • Named Exceptions  Y
  • LISTING OFFICE DETAILS  
  • Listing Office   Southfield
  • Office Address   29100 Northwestern Hwy.
  • Listing Number   2210096676



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