MI
Wayne
Detroit City
48207
1057 E Grand Boulevard
1057 E Grand Boulevard, Detroit City, MI 48207
Share Listing
Listing Type
Multi Family
Listing Status
Active
63
$35,000

Home Details for 1057 E Grand Boulevard

Price
$35,000
Type
Residential Income
Bedrooms
4
Bathrooms
3.0
Square feet
3549
Year built
1914
Lot size acres
0.13
County
Wayne
Garage
Basement
Unfinished
Days on site
83
MLS Listing#
20251056840
Property Description

Great Opportunity for investors. This brick duplex is zoned R5 located in Detroit's Gratiot-Grand neighborhood. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan w/ Proof Of Funds OR Pre- Approval letter on a new construction loan. Please note that the DLBA 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 abatement 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 abatement on the purchase and development financing. BATVAI. See attached documents for DLBA requirements and offer submission information.

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Cooling Information
    • None
  • Water Features
    • Public
  • Basement
    • Unfinished
Listing Courtesy: RCH Brokerage Legacy Inc - 248-440-2268
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EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
Office
248 677 3220
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