9031 LAWTON Street Pending

Detroit,MI 48206

$ 5000

2 Beds

1 Bath

1030 SqFt


Key Details

Property Type Single Family Home

Sub Type Colonial

Listing Status Pending

Purchase Type For Sale

Square Footage 1,030 sqft

Price per Sqft $4

Subdivision Peters Sub Of Part Of Sec 48 (Plats)

MLS Listing ID 20240024413

Style Colonial

Bedrooms 2

Full Baths 1

Year Built 1923

Lot Size 871 Sqft

Property Description

Great investment opportunity, 3 properties for the price of 1! Subject address is included as part of a 3 property bundle sale totaling $15,000. Addresses include 9021, 9033 Lawton. Close to major freeways and more! Homes will not be sold separately, No Exceptions! Each deed shall represent a sale price of $5,000 per property. Sale contingent on buyer/seller executed development agreement. 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 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.

Location

State MI

County Wayne

Area Det: Livernois-I75 6-Gd River

Interior

Hot Water Natural Gas

Heating Forced Air

Exterior

Garage Description No Garage

Pool No

Waterfront no

Roof Type Asphalt

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick

Schools

School District Detroit

Others

Acceptable Financing Cash

Listing Terms Cash

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