Investment opportunity in this multi-family located near Detroit’s Poletown East neighborhood, near Warren Meldrum Park, Callahan Playground, and Faygo Beverages! Estimated rehab 223$k. Sale contingent on buyer/seller executed development agreement. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the five tax years subsequent to transferring ownership of the property. The tax capture might 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:
$9,900
MLS #:
20240024454
Status:
Active
Beds:
0
Baths:
2
Address:
4600 MORAN
Type:
Single Family
Subtype:
Multi Family
Subdivision:
SUB OF PART OF RC OF PC NO 182 PLATS
Neighborhood:
05052 – Det: 6-Mack I75-Conner
City:
Detroit
Listed Date:
Apr 17, 2024
State:
MI
Finished Sq Ft:
2,146
ZIP:
48207
Lot Size:
10,019 sqft / 0.23 acres (approx)
Year Built:
1890
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
Forced Air, Natural Gas
Exterior
Architectural Style
Colonial
Construction Materials
Other, Wood Siding
Financial
Map
Community
- Address4600 MORAN Detroit MI
- SubdivisionSUB OF PART OF RC OF PC NO 182 (PLATS)
- CityDetroit
- CountyWayne
- Zip Code48207
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