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About the Listing 392273 - 438534
Attention investors, check out this latest offering from the Detroit Land Bank Authority. Welcome to an incredible investment opportunity in the Petoskey-Otsego neighborhood with 3 bedrooms, 1 bathroom, and over 1,400 sq. ft. of living space. Property requires a full renovation, offering investors a chance to restore a classic Detroit home. Spacious layout with original character still intact. 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 abatements 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. Located minutes from Downtown Detroit, this home sits on a spacious lot with strong neighborhood potential. Recent sales of renovated homes in the area suggest an ARV in the $215k+ range, depending on finishes and scope of work.
Listing Highlights
Interior Details
- Bedrooms: 4
- Bathrooms: 1 Full
- Appliances:
- Air Cond:
- Heating: Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1495
- Below Ground Sq Ft: 629
- Basement: Unfinished
- Other: 2 Story,Ground Level w/Steps,Forced Air,No Garage
- Water: Public (Municipal)
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 52.5X107
- Roof: Asphalt
- Others: Brick,Private
- Sewer: Sewer (Sewer-Sanitary)
Financial Details
- Tax Amount: $2,584
- Taxes w/Assessments: N/A
- Tax/Property ID: W14I002647S
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Questions About..
3814 Montgomery St Detroit, MI 48206
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