$5,500
Pending

1620 Morrell Street

Detroit, MI 48209
1712 sqft | 3 beds | 1 bath | 0.20 acres | #2200101042
Type:Purchase
Structure:House
Zone:Residential

Description

Original structure is Single Family 3BR and 1 Bath home and includes vacant lot next door offered by Detroit Land Bank Authority. This property offers the opportunity to own two lots on stable block in up and coming neighborhood. All showings to be accompanied by real estate professional. 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. Please refer to DLBA proposal guidelines. Highest & best due by Monday, 01/11/21 , 6:00 P.M.

  • Property Details
      • Sewer InformationPublicSewer, SewerAtStreet
      • SubdivisionPC NO 30 OF OL 32 (PLATS)
      • Property SubtypeSingleFamilyResidence
      • FoundationBasement, Block
      • StoriesOneandOneHalf
      • CoolingWindowUnits
      • Cooling FeaturesWindowUnits
      • Parcel NumberW16I010292S
      • Basement DescriptionUnfinished
      • MLS #2200101042
      • MLS #2200101042
      • Parking FeaturesNoGarage
      • School DistrictDetroit
      • Parking TypeGarage
      • Utility SourcePublic
      • Original List Price$5,500
      • RoofOther
      • CountyWayne
      • Square Feet1712
      • Year Built1891
      • Cost5500
      • Acres0.2
      • Days on Market (Cumulative)195
      • PetsYes
      • Bedrooms3
      • Bathrooms1
      • Full Baths1
      • Basement1
      • Basement Finished1

Location

Slater Signature HomesReal Estate Group
OR

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10.0%

Interest Rate

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6.0%

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2.6%
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