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Nick Sage

nicksage74@gmail.com +1(248) 240-4901

$ 45,000

Est. payment | -/mo

3 Beds

1 Bath

1,026 SqFt

Save

$ 45,000

Est. payment | -/mo

Save

3 Beds

1 Bath

1,026 SqFt

Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Active

Purchase Type For Sale

Square Footage 1,026 sqft

Price per Sqft $43

Subdivision William L Holmes & Frank A Vernors Sub

MLS Listing ID 20251038896

Style Bungalow

Bedrooms 3

Full Baths 1

Year Built 1923

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type SingleFamilyResidence

Property Description

This 3-bed, 1-bath property, located in Claytown, is government-owned and included in the Detroit Land Bank Authority (DLBA) program. The DLBA recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. How to Apply: Interested buyers must submit a proposal that includes: 1. Project Proposal (intended use of structure + timeline) 2. Proof of Funds (bank statement or lender letter) 3. Scope of Work (breakdown of renovation costs) 4. Proof of Previous Projects: (include addresses and photos) Important Note: Sale is contingent on execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This may be incompatible with certain abatements or lot combinations. Waiver requests will be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after review of the development pro forma and financing.

Location

State MI

County Wayne

Area Area05101Detsouthofgrandriver

Rooms

Basement Unfinished

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Parking Features NoGarage

Pool None

View Y/N No

Garage false

Building

Foundation Basement, BrickMortar

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

Listed by Erick Monzo of Keller Williams Realty-Great Lakes

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(248) 240-4901

nicksage74@gmail.com

8195 S Saginaw St, Grand Blanc, MI, 48439-1885, USA

7169 Holmes ST Detroit, MI 48210