Detroit, MI 48213,5700 TOWNSEND ST
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Detroit, MI 48213,5700 TOWNSEND ST
Detroit, MI 48213,5700 TOWNSEND ST
Detroit, MI 48213,5700 TOWNSEND ST
Detroit, MI 48213,5700 TOWNSEND ST

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$ 28,500
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Active

5700 TOWNSEND ST Detroit, MI 48213

6 Baths

4,112 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 4,112 sqft

Price per Sqft $6

Subdivision Wm Taits (Plats)

MLS Listing ID 20240071565

Style CommonEntryBuilding,UpperLowerApartment

Full Baths 6

Year Built 1912

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type MultiFamily

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 Area05052Det6Macki75Conner

Rooms

Basement Full, Unfinished

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Pool None

View Y/N No

Building

Foundation Basement, Block

Sewer Public Sewer

Water Public

New Construction No

Schools

High Schools Detroit

School District Detroit

Others

Senior Community false

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition GovernmentOwned, ShortSaleNo

Pets Allowed No


Realcomp MLS
Listed by Natasha C Richards of Bellabay Realty Tri Counties
Realtyflo Inc

Realtyflo Inc

Brokerage | License ID: 6505386963

+1(313) 466-7253

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