See all 33 photos
$22,000
Est. payment /mo
5 BA
3,794 SqFt
Active
3774 W BOSTON Boulevard Detroit, MI 48206 1610
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 3,794 sqft
Price per Sqft $5
Subdivision Mi
MLS Listing ID 60313685
Style 2 Story
Full Baths 4
Half Baths 1
Year Built 1924
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 43.00 x 102.00
Property Description
Welcome to the latest offering from the Detroit Land Bank Authority. 4 unit brick Quadruplex in an up and coming development area. Property also includes 2 vacant lots 3784 and 3766 W. Boston on either side of the building for even more expansion possibilities. Show with caution because property needs a complete rehab. Vacant lots bundled with structures need to show a minimal design for example, someone may indicate they are fencing and putting benches and some bushes. They do need to show a diagram as indicated in the plot plan example #1 on page 5 of 20. 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
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 at Street
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 Real Estate One-Southfield