Welcome to the latest offering from the Detroit Land Bank Authority. This 3 bedroom brick colonial is being offered in the historic Chandler Park community. This home needs a full rehab but once complete will make a very good investment. Be advised that this home also includes vacant lots located at 5782 and 5790 Lakeview for an additional 8000 sqft. of buildable space. 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/or 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
Listed By
Agency Name: Real Estate One-Southfield
Agency Phone: (248) 723-0055
Shown By
Agency Title: Griffith Realty
Agency Phone: 810-227-1016
Estimated Payment
$ 31.47 per month $27.82 Principal & Interest $0.00 Property Tax (data not provided by mls) $3.65 Homeowner's Insurance
5776 Lakeview Street | MLS# 20261002353
This single family home located at 5776 Lakeview Street, Detroit, MI 48213 is currently listed for sale with an asking price of $12,500. This property was built in 1927 and has 3 bedrooms and 1 full baths with 1299 sq. ft. Lakeview Street is located in the Plat Of Alfred F Steiners Park Sub subdivision within the Detroit school district. Search Plat Of Alfred F Steiners Park Sub real estate on www.griffithrealty.com today.