3726 TYLER Street Pending

Detroit,MI 48238

$ 10000

2 Beds

2.5 Baths

2600 SqFt


Key Details

Property Type Multi-Family

Sub Type Colonial,Upper/Lower Apartment

Listing Status Pending

Purchase Type For Sale

Square Footage 2,600 sqft

Price per Sqft $3

Subdivision Sullivans Dexter Blvd No 1 (Plats)

MLS Listing ID 20230080634

Style Colonial,Upper/Lower Apartment

Bedrooms 2

Full Baths 2

Half Baths 1

Year Built 1927

Annual Tax Amount $340

Lot Size 3,920 Sqft

Property Description

Great opportunity for experienced investors. Property located in Detroit's Russell Woods Community. Buyer must submit a proposal to purchase, including construction plans & financing plan w/ Proof Of Fund or Pre-App letter on a new construction loan. 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 abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights & may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development financing. BATVAI Please see attached documents for DLBA requirements.

Location

State MI

County Wayne

Area Det: Livernois-I75 6-Gd River

Zoning Residential

Interior

Heating Forced Air

Exterior

Garage Spaces 1.0

Waterfront no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick

Schools

School District Detroit

Others

Assessment Amount $340

Acceptable Financing Cash

Listing Terms Cash

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