4288 WEBB Street Pending

Detroit,MI 48204

$ 22500

3 Beds

3 Baths

3974 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 3,974 sqft

Price per Sqft $5

MLS Listing ID 20240024633

Bedrooms 3

Full Baths 3

Year Built 1926

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 45.00 x 104.00

Property Sub-Type Single Family Residence

Source Realcomp

Property Description

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 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.

Location

State MI

County Wayne

Area Wayne County - 100

Direction S. of Elmhurst, W. of Dexter

Interior

Heating Forced Air

Exterior

View Y/N No

Garage No

Building

Story 2

Water Public

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W14I003940S

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition {"Other":true}

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