10280 Nardin Dr, Detroit, MI 48204

$20,000
4
BA
3,618
SqFt

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List Price
$20,000
MLS#
20251060950
Status
ACTIVE
Bathrooms
4
Half-baths
1
Subdivision
NARDIN PARK SUB OF PT OF SEC 24

Property Description

Great opportunity to invest in the city of Detroit. This brick Quadplex is located in Detroit's Nardin Park neighborhood and zoned R3.Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan w/ Proof Of Funds OR Pre- Approval letter on a new construction loan. Please note that the DLBA 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 abatement 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 abatement on the purchase and development financing. BATVAI. See attached documents for DLBA requirements and offer submission information.

Additional Information

Year Built
1924
Basement Type
Unfinished
Acres
0.11
Style
Colonial, Quadruplex
Acres
0.11
School District
Detroit
Heating
Forced Air, Natural Gas

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Courtesy of RCH Brokerage Legacy Inc 2484402268

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