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Pat Lotz Real Estate Group

[email protected] +1(734) 474-8713

$ 30,000

Est. payment -/mo

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8140 Marion Street Detroit, MI 48213

4 Beds

4 Baths

4,200 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Colonial

Listing Status Active

Purchase Type For Sale

Square Footage 4,200 sqft

Price per Sqft $7

Subdivision Harrahs Van Dyke Ave

MLS Listing ID 20251037175

Style Colonial

Bedrooms 4

Full Baths 4

Year Built 1923

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 35X116

Property Sub-Type Colonial

Source Realcomp II Ltd

Property Description

Great opportunity to bring this 4 unit property back to life. Each unit has 2 bedrooms. 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 Det: 6-Mack I75-Conner

Zoning Residential

Direction N. of Harper, E. of Mound

Rooms

Basement Unfinished

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Road Frontage Paved

Garage no

Private Pool No

Building

Foundation Basement

Sewer Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Colonial

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed No

Tax ID W17I001546S

Ownership Government Owned,Short Sale - No

Acceptable Financing Cash, Quit Claims Deed

Listing Terms Cash, Quit Claims Deed

Financing Cash,Quit Claims Deed

Listed by Natasha C Richards of Bellabay Realty Tri Counties

Pat Lotz Real Estate Group

Agent | License ID: 6501428832

+1(734) 474-8713

Pat Lotz Real Estate Group

8140 Marion Street Detroit, MI 48213

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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8140 Marion Street