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251 Chandler Street

Detroit, MI 48202
  • $30,000
  • STATUS: Active
  • ON SITE: 204 Days
  • MLS #: 24000499
UPDATED: 143 min ago
$30,000
  • 7
    BEDS
  • 0.14
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 4,965
    SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1900
County:

School Ratings & Info

School District:

Description

North End investment opportunity you don't want to miss!! Walking distance to Woodward and close to everything that's happening!!! Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. 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.

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© 2024 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2024-07-25T07:56:01.507.
www.teamreaganhomes.com/homes/146327255
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251 Chandler Street Detroit, MI 48202

  • Price: $30,000
  • Status: Active
  • On Site: 204 Days
  • Updated: 143 min ago
  • MLS #: 24000499
7
Beds
3
Baths
0
½ Baths
0.14
Acres
4,965
SQFT
$6
$/SQFT
1900
Built
Neighborhood:
Detroit City
County:
Wayne
School District:
Detroit
Property Description
North End investment opportunity you don't want to miss!! Walking distance to Woodward and close to everything that's happening!!! Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. 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.
Exterior Features

Architectural Style Victorian Construction Materials Brick Garage YN No Road Surface Type Paved Waterfront YN No

Interior Features

Basement Full Basement YN Yes Fireplace YN No Heating Forced Air Heating YN Yes Main Floor Bedrooms 0 Rooms Kitchen (Main Level) Dining Room (Main Level) Living Room (Main Level) Primary Bedroom (Upper Level) Bedroom 2 (Upper Level) Bathroom 3 (Upper Level) Bedroom 4 (Upper Level) Bedroom 5 (Upper Level)

Property Features

Auction Or For Sale For Sale Cross Street E. of John R.N. of W. Grand Documents Available [] Listing Terms Cash Manufactured YN No New Construction YN No Property Sub Type Single Family Residence Sewer Public Sewer Tax Annual Amount 0 Tax Year 0 Water Source Public

Listing provided courtesy of Natasha Richards of BellaBay Realty Tri-Counties: 248-274-6614. © 2024 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed.
© 2024 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2024-07-25T07:56:01.507.
 
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