2623 Fairview St, Detroit, MI 48214

$5,700
2
BA
751
SqFt

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Sold Price
$5,700
List Price
$5,700
Closing Date
Sep 20, 2024
MLS#
2210071847
Status
CLOSED
Bathrooms
2
Subdivision
DE VOGELAERS

Property Description

Welcome to the latest offering from the Detroit Land Bank Authority. Brick Duplex, 2 bedrooms each unit. Perfect for investment. Needs TLC. The gem of this deal is the huge adjacent lot that accompanies the property perfect for development or whatever your creative juices will allow. 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 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. A licensed agent needs to accompany all showings

Additional Information

Year Built
1915
Basement Type
Unfinished
Acres
0.37
Style
Dutch Colonial
Acres
0.37
School District
Detroit
Heating
Forced Air, Natural Gas
Garage Spaces
2
Garage Description
2 Car

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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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