Great investment opportunity offering 3 bedrooms up, 3 down with a 2 car garage. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. 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.
Property Details
Price:
$29,900
MLS #:
20250037202
Status:
Active
Beds:
0
Baths:
2
Address:
7477 PRAIRIE ST
Type:
Single Family
Subtype:
Multi Family
Subdivision:
DOVERCOURT PARK PLATS
Neighborhood:
05101 – Det South Of Grand River
City:
Detroit
Listed Date:
May 21, 2025
State:
MI
Finished Sq Ft:
2,144
ZIP:
48210
Lot Size:
3,920 sqft / 0.09 acres (approx)
Year Built:
1925
See this Listing
Meet Andrea Stephan, an accomplished real estate professional with industry experience and a heart dedicated to service. With a background in education, Andrea began her journey as a former teacher, where her passion for nurturing others blossomed. Transitioning seamlessly into the business world, Andrea played a pivotal role in building a property management company from the ground up. Her relentless dedication and innate ability to connect with others have been instrumental to her success. C…
More About AndreaMortgage Calculator
Schools
School District:
Detroit
Interior
Bathrooms
2 Full Bathrooms
Heating
Hot Water, Natural Gas
Exterior
Architectural Style
Upper Lower Apartment
Construction Materials
Aluminum Siding
Parking Features
Garage
Parking Spots
2
Financial
Map
Community
- Address7477 PRAIRIE ST Detroit MI
- SubdivisionDOVERCOURT PARK (PLATS)
- CityDetroit
- CountyWayne
- Zip Code48210
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