4613 Meldrum Street
Detroit,
MI
48207
Property Details
List Price: |
$4,250 |
Beds: |
-- |
Baths: |
2 |
Status: |
Active |
SqFt: |
2378 |
Agency: |
Real Estate One |
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Description/Comments
Lot Size: |
-- |
Property Type: |
MultiFamily |
Year Built: |
1912 |
Notes: |
Welcome to the latest offering from the Detroit Land Bank Authority. Brick 2 family flat in need of a total rehab. This property also includes the adjacent lots at 4603 Meldrum and 4619 Meldrum. Be advised that all potential buyers are required to prepare a proposal/proforma in order to qualify to purchase. DLBA proposal guidelines are attached for review. 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. Please refer to DLBA proposal guidelines |
MlsNumber: |
2210096678 |
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Listing Provided By: |
Real Estate One, original listing |
Name: |
Real Estate One |
Phone: |
(248) 304-6700 |
Office Name: |
Real Estate One-Southfield |
Office Phone: |
(248) 723-0055 |
Agent Name: |
Gene Kelley II |
Disclaimer: |
Copyright © 2024 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |