MI
Wayne
Detroit City
48211
5557 MORAN Street
5557 MORAN Street, Detroit City, MI 48211
Listing Type
multi family
Listing Status
Off Market
0
$6,500

Home Details for 5557 MORAN Street

Price
$6,500
Type
ResidentialIncome
Bedrooms
0
Bathrooms
2.0
Square feet
NaN
Year built
1909
Lot size acres
0.08
County
Wayne
Garage
2
Basement
Unfinished
Days on site
68
MLS Listing#
20240024484
Listing courtesy: Bellabay Realty Tri Counties - 2482746614
Property Description

Investment opportunity in this multi-family located near Detroit's Poletown East neighborhood, near Warren Meldrum Park, Callahan Playground, and Faygo Beverages! Sale includes 5 adjacent lots 5543, 5551, 5561, 5571, 5537 Moran. Sale contingent on buyer/seller executed development agreement. 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. Contact listing broker with any questions.

Property Features
  • Heating Information
    • ForcedAir
    • NaturalGas
  • Water Features
    • Public
  • Basement
    • Unfinished
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Median Listing Price
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Market statistics compiled from data from Michigan Regional Information Center.
EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
Office
248 677 3220
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