3021 SHERIDAN Street Pending

Detroit,MI 48214

$ 25000

2 Beds

2.5 Baths

2986 SqFt


Key Details

Property Type Multi-Family

Sub Type Townhouse

Listing Status Pending

Purchase Type For Sale

Square Footage 2,986 sqft

Price per Sqft $8

Subdivision Boulevard Park Sub (Plats )

MLS Listing ID 20230104598

Style Townhouse

Bedrooms 2

Full Baths 2

Half Baths 1

Year Built 1907

Lot Size 3,049 Sqft

Property Description

Welcome to the latest offering from the Detroit land bank Authority. This large brick 2 family flat located in the much sought after Islandview community can make for a very good investment for the right developer. Bring your ideas and your hammer and nails. 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 Woodward-Mcclellan/So Mack

Zoning Multi-Family

Interior

Heating Forced Air

Exterior

Pool No

Waterfront no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick

Schools

School District Detroit

Others

Acceptable Financing Cash,Quit Claims Deed

Listing Terms Cash,Quit Claims Deed

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