MI
Wayne
Detroit City
48210
7477 PRAIRIE Street
7477 PRAIRIE Street, Detroit City, MI 48210
Share Listing
Listing Type
Multi Family
Listing Status
active
37
$29,900

Home Details for 7477 PRAIRIE Street

Price
$29,900
Type
Residential Income
Bedrooms
6
Bathrooms
2.0
Square feet
2144
Year built
1925
Lot size acres
0.09
County
Wayne
Garage
Basement
Full, Unfinished
Days on site
125
MLS Listing#
20250037202
Property Description

Great investment opportunity offering 3 bedrooms up, 3 down with a 2 car garage. 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.

Property Features
  • Heating Information
    • Hot Water
    • Natural Gas
  • Basement
    • Full
    • Unfinished
  • Cooling Information
    • None
  • Water Features
    • Public
  • Parking
    • Garage
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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