Detroit, MI 48213 2440,5700 TOWNSEND Street
Detroit, MI 48213 2440,5700 TOWNSEND Street
Detroit, MI 48213 2440,5700 TOWNSEND Street
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$35,000
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6 BA
4,112 SqFt
Active

5700 TOWNSEND Street Detroit, MI 48213 2440

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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 4,112 sqft

Price per Sqft $8

Subdivision Mi

MLS Listing ID 60345182

Style 2 Story

Full Baths 6

Year Built 1912

Annual Tax Amount $4,372

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 30.00 x 118.00

Property Description

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.

Location

State MI

County Wayne

Area Detroit (82001)

Rooms

Basement Block

Interior

Heating Forced Air

Fireplace No

Exterior

Exterior Feature Other

Waterfront No

Building

Story 2 Story

Foundation Basement

Water Public Water

Structure Type Other

Schools

School District Detroit City School District

Others

Ownership Government Owned

Energy Description Natural Gas

Financing Cash


MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Bellabay Realty Tri Counties

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Mary Aubrey-Rogers

Broker Associate | License ID: 6506043343

+1(313) 319-5679

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5700 TOWNSEND Street