$20,000

2900 Carter Street

Detroit MI, 48206

Description

Great for experienced investors. Looking for a buyer to rehab this property. Included in the purchase is the adjacent lot (2901 Gladstone). 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 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 abatement on the purchase and development financing. Please see attached documents for DLBA requirements. BATVAI

Details

MLS#2200057784
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1922
Days On Site8

Features

SQ Feet4,106
Building(s)1

Market Activity 48206

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Area Information
StateMI
CountyWayne
CityDetroit
Zip Code48206
AreaDet: Livernois-I75 6-Gd River
Listing VS Median (in 48206)
Price:
$20,000
low | high
Med:
$63,000
100% of Average
SqFt:
4,106
low | high
Med:
10,532
100% of Average
$ / SqFt:
$5
low | high
Med:
$13
100% of Average
On Site:
8
low | high
Med:
46.5
17.204301075269% of Average
Listing Updated: 08/04/2020
Leonard A Pickett III LogoMLS Number: 2200057784
Listing Provided By:
Leonard A Pickett III  of  RCH Brokerage Legacy Inc
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by realcomp II Ltd.® MLS.