Great opportunity to invest in the city of Detroit. This brick duplex is located in Detroit's North End neighborhood and zoned R3. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan with Proof Of Funds or Pre- Approval letter, or a new construction loan. 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 & may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development financing. BATVAI Please see attached documents for DLBA requirements.
Listed By
Agency Name: RCH Brokerage Legacy Inc
Agency Phone: (248) 440-2268
Shown By
Agency Title: Griffith Realty
Agency Phone: 810-227-1016
Estimated Payment
$ 176.21 per month $155.79 Principal & Interest $0.00 Property Tax (data not provided by mls) $20.42 Homeowner's Insurance
284 E Philadelphia Street | MLS# 20261012352
This multi-family property located at 284 E Philadelphia Street , Detroit, MI 48202 is currently listed for sale with an asking price of $70,000. E Philadelphia Street is located within the Detroit school district. Search Detroit real estate on www.griffithrealty.com today.