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Detroit, MI, 48206 • Dexter-Linwood • Wayne County
$8/sqft
Down payment assistance available
10Beds
4Baths
3,326Sqft
0.08 acLot
1923Built
Colonial Style
Built 1923 · 103 years of history
WAGERS SUB
Dexter-Linwood
This home is getting attention
Listed 195 days ago · 637 views · 54 saves
Demand and pricing signals for this listing
637 views
People checking out this listing
54 saves
Buyers have saved this home
195 days on market
Established listing
$8/sqft
Price per square foot
Multi Family · Built 1923 · Historic
Great investment opportunity in the heart of a thriving area. This 4 unit multi-family with over 3300 square feet is one you don't want to miss. This property needs a full rehab but is guaranteed to be an income producing benefit for those looking to buy and hold and a great fix & flip for investors. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. 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.
Based on current rates
Est. 6.75% rate · 30yr fixed · $20,000 loan
Full calculator →Key facts and listing details
3 categories of property features
Market data and value estimates
2 schools rated nearby
Detroit, MI, 48206
5 events
19 years of records
Local context around this listing
Detroit, MI • Wayne County
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