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Buy a multi-family propertyat 1736 E GRAND, Detroit, MI 48211

$8,000

$0/mo

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Multifamily

2,496 Sq. Ft.

5,662 Sq. Ft. lot

1392 Days on market

40076988 MLS ID

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About 1736 E GRAND multi-family property

This multi-family home is located close to the historic Packard Plant and just minutes away from Belle Isle.Looking for a buyer to rehab this multi-family home. The seller is the Detroit Land Bank Authority. 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 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 abatement on the purchase and development financing. Please see attached documents for DLBA requirements and offer submission information. BATVAI
This multi-family home is located close to the historic Packard Plant and just minutes away from Belle Isle.Looking for a buyer to rehab this multi-family home. The seller is the Detroit Land Bank Authority. 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 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 abatement on the purchase and development financing. Please see attached documents for DLBA requirements and offer submission information. BATVAI

Property details

Property Access

Paved Street

Basement

Poured

Bathrooms

2 full bathrooms

House

2,496 square feet

2 total units

Built in 1915

Style: 2 Story

Colonial

Exterior Features

Brick

Foundation

Basement

Water

Public Water

Heating

Natural Gas

Forced Air

Income

Net operating income: $0

Listing

Originating MLS: RealComp

Sale/rent: For Sale

Location

Area: Detroit (82001)

County: Wayne

Cross street: N of E GRAND BVLD/W of Mt

Subdivision: FISCHERS SUB (PLATS)

Lot

Lot size: 36.00X159.00

0.13 acres

Property

Residential

Schools

School district: Detroit City School District

Sewer

Public Sanitary

Monthly cost

Estimated monthly cost

$56/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

Apr 4, 2013

Price

$19,000

DatePrice
Apr 4, 2013$19,000

Schools

This home is within the Detroit Public Schools Community District.

Detroit & Hamtramck enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$7,520

+$240

$7,760

Seller agent commission$240 (3%)*

$0 (0%)

Buyer agent commission$240 (3%)*

$240 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $240 more selling your home
with an Unreal Estate agent

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State

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Unreal Estate checked: May 1, 2024 at 4:21 p.m.

Data updated: Jun 27, 2023 at 4:58 p.m.

Courtesy of RCH Brokerage Legacy Inc.
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Listing Information © 2024 MiRealSource Inc. All Rights Reserved.

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