$21,500
For Sale

7538 FIRWOOD STREET

Detroit, MI 48204
3694 sqft | 4 baths | 0.08 acres | #20250025339
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

Welcome to the latest offering from the Detroit land Bank Authority. 4 Unit brick multifamily in need of major rehab. Bring your hard hat and your design ideas because this one is ready to go. 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

  • Property Details
      • SubdivisionALLENDALE SUB L23 P70 PLATS WCR 14/92
      • FoundationBasement, Block
      • Parking FeaturesTwoCarGarage
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • MLS #20250025339
      • Property SubtypeMultiFamily
      • Parcel NumberW14I001941S
      • MLS #20250025339
      • Basement DescriptionUnfinished
      • Utility SourceCommunity
      • School DistrictDetroit
      • Original List Price$21,500
      • Parking TypeGarage
      • CountyWayne
      • Cost21500
      • Acres0.08
      • Square Feet3694
      • Year Built1924
      • PetsCall
      • Days on Market (Cumulative)13
      • Bathrooms4
      • Full Baths4
      • Stories2
      • Parking Spaces2
      • Basement1
      • Basement Finished1

Location

Sean HaganReal Estate Group
OR

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Interest Rate

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6.0%

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2.6%
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