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About the Listing 385913 - 292343
Great investment opportunity in the heart of a thriving area. This 4 unit multi-family with over 3300 square feet is one you don't want to miss. This property needs a full rehab but is guaranteed to be an income producing benefit for those looking to buy and hold and a great fix & flip for investors. 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.
Listing Highlights
Interior Details
- Bedrooms: 10
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3326
- Below Ground Sq Ft: 1663
- Basement: Unfinished
- Other: 2 Story,Forced Air,Pets Allowed
- Water: Public (Municipal)
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 35x100
- Zoning: Multi-Family,Residential
- Roof:
- Others: Brick,Paved
- Sewer: Sewer (Sewer-Sanitary)
Financial Details
- Tax Amount: $641
- Taxes w/Assessments: N/A
- Tax/Property ID: W12I002764S
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
3465 Wager St Detroit, MI 48206
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