39
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$28,500
Est. payment /mo
6 Baths
4,112 SqFt
Active
5700 TOWNSEND ST Detroit, MI 48213
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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
School District Detroit
Others
Senior Community false
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition GovernmentOwned, ShortSaleNo
Pets Allowed No
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Listed by Natasha C Richards of Bellabay Realty Tri Counties
NEARBY SCHOOL & BUSINESS
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