MI
Wayne
Detroit City
48234
18620 MAINE Street
18620 MAINE Street, Detroit City, MI 48234
Share Listing
Listing Type
Single Family
Listing Status
active
25
$12,000

Home Details for 18620 MAINE Street

Price
$12,000
Type
Residential
Bedrooms
3
Bathrooms
1.0
Square feet
889
Year built
1950
Lot size acres
0.1
County
Wayne
Total rooms
5
Garage
Basement
Unfinished
Days on site
428
MLS Listing#
20240071509
Property Description

Great investment opportunity in the Northeast Central District and awaiting your vision. Offered by the Detroit Landbank Authority, this home is a 3 bedroom bungalow included with the vacant land, 18610 Maine that is 5271 square feet. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal (not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. 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. be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development.

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Cooling Information
    • None
  • Water Features
    • Public
  • Parking
    • No Garage
  • Basement
    • Unfinished
Listing Courtesy: Bellabay Realty Tri Counties - 248-274-6614
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EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
Office
248 677 3220
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