BEDS0
BATHS2 full 1 partial
SQUARE FEET3,549
MLS#20251056840
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONAssessors Of Lts 1 To 65 Incl Pt 66 Etc
SCHOOLDetroit
Property Description
Great Opportunity for investors. This brick duplex is zoned R5 located in Detroit's Gratiot-Grand neighborhood. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan w/ Proof Of Funds OR Pre- Approval letter on a new construction loan. Please note that the DLBA 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 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. BATVAI. See attached documents for DLBA requirements and offer submission information.
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: Colonial, Duplex
Lot Size: 0.13 Acres
Year Built: 1914
Feature Descriptions
Architecture: Colonial, Duplex
Days on Site: 164
Exterior: Brick
Foundation: Basement
Frontage Feet: 45
Lot Dimensions: 0.13 Acre(s)
Road Frontage: Paved
Summer Tax: $263.0000
Winter Tax: $0.0000
Local Schools
School District: Detroit
Listed By / Shown By
Listed By
Agency Name: RCH Brokerage Legacy Inc
Agency Phone: (248) 440-2268
Shown By
Agency Title: Griffith Realty
Agency Phone: 810-227-1016
Estimate Your Payment
Estimated Payment
$ 88.10 per month $77.89 Principal & Interest $0.00 Property Tax (data not provided by mls) $10.21 Homeowner's Insurance
1057 E Grand Boulevard | MLS# 20251056840
This multi-family property located at 1057 E Grand Boulevard, Detroit, MI 48207 is currently listed for sale with an asking price of $35,000. E Grand Boulevard is located within the Detroit school district. Search Detroit real estate on www.griffithrealty.com today.