4824 CORTLAND Street
Property Description
Welcome to this exciting new offering presented by the Detroit Land Bank! This multifamily home features two spacious units, providing an excellent investment opportunity. Ideal for investors ready to restore and revitalize, this property holds great potential for generating future income. Don't miss the chance to bring this home back to life and make it a valuable asset. This property is being sold as is. 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.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $15,000 |
| No. of Units: | 2 |
| Year Built: | 1926 |
| Lot Size: | 2,406.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $7,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 2 |
ID: 3yd-REALCOMPMI-20240079043
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