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Detroit, MI, 48215 • Riverbend • Wayne County
$17/sqft
Down payment assistance available
4Beds
2Baths
1,740Sqft
0.08 acLot
1916Built
Colonial Style
Built 1916 · 110 years of history
STERLING PARK (PLATS)
Riverbend
1-Car Garage
One Car Garage · Detached
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356 days on market
Established listing
$17/sqft
Price per square foot
Single Family · Built 1916 · Historic
This property is sold in a bundle with 4 vacant lots 1508, 1514, 1522 Gray and 12905 Brooks. Not sold separately. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan with Proof Of Funds or Pre- Approval letter, or a new construction loan. Also include plans for the vacant lots with sketches and financing. 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 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 abatement on the purchase and development financing. See attached documents for guidelines and submission instructions. BATVAI
Based on current rates
Est. 6.75% rate · 30yr fixed · $24,000 loan
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2 schools rated nearby
Detroit, MI, 48215
1 event
18 years of records
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Detroit, MI • Wayne County
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