7375 Brace St, Detroit, MI 48228

$18,500
3
BD
1
BA
711
SqFt
Sold Price
$18,500
List Price
$21,500
Closing Date
Aug 14, 2025
MLS#
20250027161
Status
CLOSED
Bedrooms
3
Bathrooms
1
Total Square Footage
711
Subdivision
WARRENDALE NO 1 (PLATS)

Property Description

Welcome to the latest offering from the Detroit Land Bank authority. Nice cozy bungalow on a very deep lot located in the warrendale area. Home needs a total rehab. Sale includes 4 nice sized buildable lots suitable for development. The addresses are 7353, 7361,7369, 7381 brace. 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

Additional Information

Year Built
1924
Foundation
Crawl Space
Acres
0.10
Style
Bungalow
Acres
0.10
School District
Detroit
Heating
Forced Air, Natural Gas
Garage Description
None

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Real Estate One-Southfield 2487230055

Selling Office: Real Estate One-Southfield.

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