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$70,000
Est. payment /mo
4 Baths
2,265 SqFt
New
3255 Hogarth Street Detroit, MI 48206 2519
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,265 sqft
Price per Sqft $30
Subdivision Mi
MLS Listing ID 60960447
Style 2 Story
Full Baths 2
Half Baths 2
Year Built 1915
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions 24.5X110
Property Sub-Type Multi-Family
Property Description
Great investment. DLBA-owned side by side duplex with 3 bed in each unit property located in the Wildemere Park neighborhood. Sold with 3257 Hogarth St for a total of $70000. Sale is subject to approval by the Detroit Land Bank Authority (DLBA) and execution of a DLBA Renovation/Development Agreement. Purchaser must submit a complete proposal to DLBA, including intended use and renovation timeline, proof of funds, scope of work with cost breakdown, and documentation of prior renovation projects (addresses and photos). The DLBA recommends reviewing all applicable Neighborhood Framework Plans through the City of Detroit Planning and Development Department for additional neighborhood context. DLBA retains the right to tax recapture for five (5) years following transfer of ownership. This may be incompatible with certain tax abatements or lot combinations. Waiver requests will be reviewed on a case-by-case basis and may require payment in lieu of taxes, subject to review of development pro forma and financing.
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement Poured
Interior
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Brick
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Government Owned
Energy Description Natural Gas
Financing Cash

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Listed by Atlas Properties Inc
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