$80,000
Detroit, MI 48202
MLS# 24000233
1 / 16
Property Description
This is your opportunity to invest in one of Detroit's hottest areas! Located between New Center Area and Boston Edison, this 3 unit has 2 bedrooms in the attic and 2, 3 bedrooms. Great investment opportunity or primary residence within walking distance to transit, and minutes away from Wayne State, entertainment, awesome retail and downtown! 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
Details
Maps
Location & Property Info
County: Wayne
Street #: 130
Street Name: Gladstone
Suffix: Street
State: MI
Zip Code: 48202
Zip (4): 1746
Cross Streets: S. Clairmount & W. Woodward
Property Sub-Type: 2 to 4 Units
Area: Wayne County - 100
Municipality: Detroit City
Subdivision: FISHERS SUB ON OL 5 & 6
Ownership Type: Government Owned
Office/Contract Info
Status: Active
Current Price: $80,000
List Price: $80,000
Auction or For Sale: For Sale
List Price/SqFt: 24.97
Sub Agency: 3
Sub Agency Type: %
Buyer Agency: 3
Buyer Agency Type: %
Trans Coord Type: Other
Listing Date: 2023-12-26
General Property Info
Lot Measurement: Acres
Lot Square Footage: 6970
Lot Acres: 0.16
Lot Dimensions: 50.00 x 143.00
Year Built: 1912
New Construction: No
Financial Available: No
Road Frontage: 50
Total # Units: 3
Total # Bldgs: 2
Total Approx. SqFt All Bldgs: 3204
Waterfront: No
School District: Detroit
Tax Info
Tax ID #: 02001347.
Spec Assessment & Ty: 0.00
Zoning: Residential
Remarks & Misc
Directions: South of Clairmount, West of Woodward
Legal: N GLADSTONE 8 FISHERS SUB L14 P31 PLATS, W C R 2/37 50 IRREG
Access Feat
Accessibility Features: No
Property Features
Exterior Material: Brick
Substructure: Full
Sewer: Public
Water: Public
Utilities Attached: Natural Gas
Util Avail at Street: Electric; Natural Gas; Public Sewer
Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water
Tenant Pays: None
Heat Source: Natural Gas
Heat Type: Forced Air
Street Type: Paved
Terms Available: Cash
Sale Conditions: Other
Supplements
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.
Listing Office: BellaBay Realty Tri-Counties
Listing Agent: Natasha Talley
Last Updated: February - 16 - 2024
The listing broker’s offer of compensation is made only to MichRIC member MLSs and a number of other MLSs throughout Michigan under a reciprocity agreement. For a current list visit mlshelp.com.
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