6-unit apartment building w/lots of potential. 4 units have 2 bedrooms, 2 units have 1 bedroom. Property needs work, but there is plenty of room to grow in this up and coming neighborhood. 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.
Property Details
Price:
$28,500
MLS #:
20240071565
Status:
Active
Beds:
0
Baths:
6
Address:
5700 TOWNSEND ST
Type:
Single Family
Subtype:
Multi Family
Subdivision:
WM TAITS PLATS
Neighborhood:
05052 – Det: 6-Mack I75-Conner
City:
Detroit
Listed Date:
Oct 7, 2024
State:
MI
Finished Sq Ft:
4,112
ZIP:
48213
Lot Size:
3,485 sqft / 0.08 acres (approx)
Year Built:
1912
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
6 Full Bathrooms
Heating
Forced Air, Natural Gas
Exterior
Architectural Style
Common Entry Building, Upper Lower Apartment
Construction Materials
Other
Financial
Taxes
$4,372
Map
Community
- Address5700 TOWNSEND ST Detroit MI
- SubdivisionWM TAITS (PLATS)
- CityDetroit
- CountyWayne
- Zip Code48213
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