Come check out this cute, three bedroom one bathroom home in Detroit near Russel Woods! Great for a first time home buyer or an investor looking for their next rental. This property has great bones and is a must see! Land contract available: Down Payment - $8,500 Interest - 10% Term - 6 Years Payment - $1K/month BATVAI
INVESTORS THIS IS FOR YOU! LARGE BRICK MULTI-FAMILY (FLAT) EACH UNIT HAS THREE BEDROOMS WITH 1 BATH, DINING ROOM, DINING ROOM, FRONT PORCH, BACK PORCH. NEWER UPDATES INCLUDE: ROOF (2021), FRONT PORCH (2021), UPDATED CIRCUIT BOARD PANEL (2021), GFA / FURNACES (2023), NEW WINDOWS (2023), HOT WATER TANKS (2023), CEILING FANS (2023), LAMINATE FLOORING (2023), FRESHLY PAINTED (2024), KITCHEN CABINETS/COUNTERS (2023). YOU DON'T WANT TO MISS THIS OPPORTUNITY! BATVAI
Great investment with this 4 unit multi-family. Each unit features 2 bdrms, 1 bath, kitchen, dining room and living room. 3 of the units have certificate of occupancy. This building has glass block windows, newer electrical and roof, 2 new hwh (23), updated furnaces, separate utilities, covered porches and more. Vacant lot next door may be included/sold also.
INVESTMENT OPPORTUNITY: Frame home in attractive neighborhood. Home is currently rented at $1,100.00 Home is currently rented, do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer.
Value-Add Opportunity for this 4 unit multi-family! Each unit is 2 bed 1 bath. Majority of the work has been done. .. Newer roof and newer windows, property just needs TLC on the interior to be brought back to life. This is an excellent opportunity to turn this multi-family into a cash flowing machine, with a projected $950/mo in rent (or more) per unit, grossing $45,600 annually (or more). On the other hand, occupy one of the units while the other 3 units are paying your rent! BATVAI. Agents, please read agent remarks.
Indulge in the convenience of close proximity to shopping, schools, and parks, with the added advantage of being just a 15-minute drive to downtown Detroit and a swift 30-minute commute to DTW Airport. This 3-bedroom fixer-upper offers a fantastic investment opportunity transform it to your liking. Close to the esteemed Historical District of Russell Woods Neighborhood, this property presents itself as an ideal first-time home, flip or rental investment, with property values in the area surpassing $100,000." Much Development in an up and coming area. Price to sell.
Each unit in this 4-unit multifamily property is self-contained and includes its own kitchen, bathroom, and living areas. The units may have different layouts and sizes, offering tenants a range of options to suit their needs. New roof, new Pex plumbing and Pvc main drains, All new interior doors and windows, 4 new furnaces and 4 hot water heaters. In terms of investment potential, a 4-unit multifamily property can be an attractive option. It provides multiple rental units under one roof, offering the opportunity to generate revenue from multiple streams of rental income. Two units are finished and rented out and the 2 units are 95% complete. Come take a look and make money from day one. So
Great opportunity for experienced investors. A buyer must submit a proposal to purchase, including construction plans or precedent architectural images of proposed development & financing plan with Proof of Funds, Pre-App letter, or new construction loan of the property. Projects will require approval of the Design Review from the city of Detroit. 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 & may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development financing. BATVAI Please see attached d
Over 3,900 Square Feet can once again come to life, just bring your imagination. This super investment opportunity comes with 3 lots included, 4272 Webb, 4282 Webb & 4268 Webb. 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 aba
HIGHEST AND BEST FRIDAY AT NOON. Investor Opportunity: 4-Unit Property with Untapped Potential Welcome to 9615 Dexter St, Detroit, MI - a promising investment opportunity for those seeking lucrative returns in the ever-growing real estate market. This four-unit property presents a unique chance to capitalize on the booming Section 8 rental demand in the area. Key Features: Location: Situated in a strategic location, this property offers convenient access to amenities, schools, and public transportation. Income Potential: Unlock a steady stream of income with Section 8 rents, potentially reaching $5,000 per month once the property is optimized. Unit Breakdown: Four units, each with its own
This 3 bedroom multifamily investor dream property will not last! Bring all offers, seller is ready to close. Each unit has there own furnace, hot water tank and private space in the basement. Agent is responsible for all accurate measurements, buyers agent must be present at all showings.
Huge Opportunity on this multi-family home featuring 2 units - each with 3 bedrooms & 1 bath. Upon entering each unit you're welcomed with spacious living rooms with brick fireplaces and wood flooring. Some TLC needed but this duplex presents a great income generating opportunity. Both units feature covered porches, and storage space in the basement and accessible attic. Monthly rental rates in this area range from $900-$1100 per unit. Great value add to any portfolio! Subject to release of first offer.
Welcome to Nardin Park subdivision. Looking for a buyer to rehab this 4 unit multi-family home. Property zoned R3.Buyer must submit a proposal to purchase, including construction plans & financing plan w/ Proof Of Funds or Pre-App letter on a new construction loan. 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 abatement 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 wil
This property is sold in a bundle with 2 vacant lots 3724 and 3734 Rochester. Not sold separately. 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 determ
Welcome to this multi-family quad building offering from the Detroit Land Bank Authority. Four 2 bedroom units just ready for your renovation touches. Property needs a full rehab and all buyers are required to follow DLBA offer guidelines in order to purchase. Property includes adjoining vacant lot at 3761 Glynn Ct. 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 t
Welcome to the Latest offering from the Detroit Land Bank Authority. Brick 4 unit in need of major renovation. All units contain 2 bedrooms and 1 bath. There are 2 vacant lots included with this sale. 3764 Rochester and 3748 Rochester. Show with caution, bring Flashlight. 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/or 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
Potential 4 unit multi family in the Nardin Park Neighborhood. Seller is separately selling 3782 Tuxedo under the same price and terms. All offers must be supported by Proof of Funds for both the Purchase Price, as well as the construction costs. No Land Contracts. Buyer to have the property inspected as their is no property inspection report on file. The sale of said property is open to homeowners, investors and developers. All proposals must answer all of the questions in the attached document title DLBA proposal requirements for bundled single family homes. Seller Addendum's to be provided upon acceptance of qualifying offer. This sale is contingent upon Buyer & Seller execution of
Potential 4 unit multi family in the Nardin Park Neighborhood. Seller is separately selling 3776 Tuxedo under the same price and terms. All offers must be supported by Proof of Funds for both the Purchase Price, as well as the construction costs. No Land Contracts. Buyer to have the property inspected as their is no property inspection report on file. The sale of said property is open to homeowners, investors and developers. All proposals must answer all of the questions in the attached document title DLBA proposal requirements for bundled single family homes. Seller Addendum's to be provided upon acceptance of qualifying offer. This sale is contingent upon Buyer & Seller execution of
Get in on the action with a new infill build opportunity. 6 lots included in the sale, 3743, 3751, 3761, 3767, 3775, 3785 Edison. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subs
Looking for that perfect land based project in the Nardin Park Community? You found it!! This is a land-based site. The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. Please note that the DLBA is entitled to a tax capture for the 5 ta
Get in on the action with a new infill build opportunity. 6 lots included in the sale, 3742, 3726, 3734, 3750, 3756, 3764 Edison. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subs
Welcome to the latest offering from the Detroit Land Bank authority. Three buildable lots sitting right across from the Salvation Army. These lots are just waiting for your development ideas. Sale includes 3726 and 3742 w Chicago as well. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighb