Great investment. DLBA-owned side by side duplex with 3 bed in each unit property located in the Wildemere Park neighborhood. Sold with 3255 Hogarth St for a total of $70000. Sale is subject to approval by the Detroit Land Bank Authority (DLBA) and execution of a DLBA Renovation/Development Agreement. Purchaser must submit a complete proposal to DLBA, including intended use and renovation timeline, proof of funds, scope of work with cost breakdown, and documentation of prior renovation projects (addresses and photos). The DLBA recommends reviewing all applicable Neighborhood Framework Plans through the City of Detroit Planning and Development Department for additional neighborhood context. DLBA retains the right to tax recapture for five (5) years following transfer of ownership. This may be incompatible with certain tax abatements or lot combinations. Waiver requests will be reviewed on a case-by-case basis and may require payment in lieu of taxes, subject to review of development pro forma and financing.
| MLS # | 60960448 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1915 |
| Days On Site | 243 |
| Listing Provided By | Atlas Properties Inc | Adam Hage |
| Bath(s) | 4 Total |
|---|---|
| SQ Feet | 2,820 |
| Basement | Y |
| Story(s) | 2 |
| Units | 2 |
| Zoning | Residential |
| Acreage | 0.05 |
| Water Front | Yes |
| Heating Yes / No | Yes |
|---|---|
| Heating | Forced Air |
| Construction Materials | Brick |
|---|---|
| Foundation Details | Basement |
| List Aor | Real Comp |
|---|
| State | MI |
|---|---|
| County | Wayne |
| City | Detroit |
| Zip Code | 48206 |
| Area | Detroit (82001) |
| Community Name | Wildermere Park |
| Listing VS Median (in Wildermere Park) | |
Price: $50,000 low | high Med: $50,000 sqft: 2,820 low | high Med: 2,543 $ / sqft: $18 low | high Med: $20 On site: 243 low | high Med: 243 | |
| State | MI |
|---|---|
| County | Wayne |
| City | Detroit |
| Zip Code | 48206 |
| Area | Detroit (82001) |
| Community Name | Wildermere Park |
| Listing VS Median (in Wildermere Park) | |
Price: $50,000 low | high Med: $50,000 sqft: 2,820 low | high Med: 2,543 $ / sqft: $18 low | high Med: $20 On site: 243 low | high Med: 243 | |