$8,000
3200 CLAIRMOUNT Street Detroit, MI 48206 1936
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$8,000
Est. payment /mo
5 BA
4,890 SqFt
Active
3200 CLAIRMOUNT Street Detroit, MI 48206 1936
UPDATED:
10/24/2024 05:49 PM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,890 sqft
Price per Sqft $1
Subdivision Mi
MLS Listing ID 60301156
Style 2 Story
Full Baths 5
Year Built 1928
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 44.00X100.00
Property Description
Property needs a full rehab top to bottom, but don't let that scare you away!! This 5 unit is looking for the right investor and will certainly turn a profit on this corner lot with great potential. Sale contingent on buyer/seller executed development agreement. All offers must be supported by proof of funds for both purchase price and construction costs. 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.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Multi-Family
Rooms
Basement Block
Interior
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Brick
Waterfront No
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Government Owned
Energy Description Natural Gas
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Bellabay Realty Tri Counties
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