$5,000 for Sale
3196 lockwood street, detroit, MI 48210
| Beds 2 | Baths 2 | 2,000 Sqft | 0.10 Acres |
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Property Description
Great for experienced investors. 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 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. Please see attached documents for DLBA guidelines.
General Information
Sale Price: $5,000
Price/SqFt: $3
Status: Active
MLS#: rcomi20240034677
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: mc millans & whitings sub of o l 44
Acres: 0.1
Lot Dimensions: 30X147
Bedrooms:2
Bathrooms:2 (2 full, 0 half)
House Size: 2,000 sq.ft.
Acreage: 0.1 est.
Year Built: 1905
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Bedroom 1:
Bedroom 2 :
Bedroom 3:
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Paved
Garage: No Garage
Construction: Wood
Exterior: Wood
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Hot Water
Fuel: Natural Gas
Waste: Public Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $0
Est. Winter Taxes: $0
Govt Ownership: HUD
Legal Description: E LOCKWOOD 199 MCMILLAN & WHITING SUB L14 P97 PLATS, W C R 16/76 30 X 146.61
IDX provided courtesy of Realcomp II Ltd. via Oakland Corners Realty and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders
Listing By: Leonard A Pickett III of RCH Brokerage Legacy Inc, Phone: (248) 440-2268
