284 E Philadelphia Street
Property Description
Great opportunity to invest in the city of Detroit. This brick duplex is located in Detroit's North End neighborhood and zoned R3. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan with Proof Of Funds or Pre- Approval letter, or a new construction loan. 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 & may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development financing. BATVAI Please see attached documents for DLBA requirements.Broker Details
RCH Brokerage Legacy, Inc. (248) 440-2268
MLS ID: 306589
Key Property Information
| Listing Status: | Pending Sale |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $70,000 |
| No. of Units: | 2 |
| Year Built: | 1907 |
| Lot Size: | 3,146.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $35,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 3 |
ID: 3yd-REALCOMPMI-20261012352
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