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Katie Wright

kawrealty@gmail.com +1(248) 403-3182

$ 35,000

Est. payment -/mo

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Active

5700 TOWNSEND Street Detroit, MI 48213

6 Beds

6 Baths

4,112 SqFt

UPDATED:

10/07/2024 03:04 PM

Key Details

Property Type Multi-Family

Sub Type Common Entry Building,Upper/Lower Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 4,112 sqft

Price per Sqft $8

Subdivision Wm Taits (Plats)

MLS Listing ID 20240071565

Style Common Entry Building,Upper/Lower Apartment

Bedrooms 6

Full Baths 6

Originating Board Realcomp II Ltd

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 Det: 6-Mack I75-Conner

Zoning Multi-Family,Residential

Direction NORTH OF GRATIOT / BETWEEN E GRAND BLVD & VAN DYKE

Rooms

Basement Unfinished

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Road Frontage Paved

Garage no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Common Entry Building, Upper/Lower Apartment

Level or Stories 2 Story

Structure Type Other

Schools

School District Detroit

Others

Pets Allowed No

Tax ID W17I012119S

Ownership Government Owned,Short Sale - No

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Listed by Natasha C Richards of Bellabay Realty Tri Counties

Katie Wright

Broker Associate | License ID: 387021

+1(248) 403-3182

Katie Wright

5700 TOWNSEND Street Detroit, MI 48213

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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5700 TOWNSEND Street