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Active
18620 MAINE Street Detroit, MI 48234
3 Beds
1 Bath
889 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 889 sqft
Price per Sqft $13
MLS Listing ID 20240071509
Bedrooms 3
Full Baths 1
Year Built 1950
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 40.00 x 105.00
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
Great investment opportunity in the Northeast Central District and awaiting your vision. Offered by the Detroit Landbank Authority, this home is a 3 bedroom bungalow included with the vacant land, 18610 Maine that is 5271 square feet. 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. be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development.
Location
State MI
County Wayne
Area Wayne County - 100
Direction S. of 7 Mile, W. of Conant
Interior
Heating Forced Air
Exterior
View Y/N No
Garage No
Building
Story 2
Sewer Public
Water Public
Structure Type Vinyl Siding
Schools
School District Detroit
Others
Tax ID W09I012551S
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition {"Other":true}
Listed by Bellabay Realty Tri Counties