8773 PETOSKEY Avenue

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Address: 8773 Petoskey Ave, Detroit, MI 48204, USA
Chicago & Midwest + 2-4 Units
Created date: July 22, 2024
Date last updated: September 13, 2026
Price: $10,000Investment Analyzer NEW!

Property Description

Great opportunity for experienced investors. 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. Proposal should be submitted through google doc application. Use the link in the attachments.

Key Property Information

Listing Status: Pending Sale
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $10,000
No. of Units: 4
Year Built: 1918
Lot Size: 3,584.00 Sq ft
Opportunity Zone: No
Price per unit: $2,500
Property Website Click Here
Number of Bedrooms: 8
Number of Bathrooms: 4
Address: 8773 PETOSKEY Avenue, Detroit, MI 48204, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Final Deal Analysis

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