$80,000
7246 Saint Paul St, Detroit, MI 48214
- 2Beds
- 1Bath
- 1302SqFt
- 2Beds
- 1Bath
- 1302SqFt
- Property TypeTownhouse
- Year Built1910
- Price per Sqft$61
- On highrises102 Days
Property Details
Brick Condo Opportunity in the Islandview Neighborhood - Detroit Land Bank Owned Fantastic opportunity to restore this Brick Condo in the Islandview neighborhood of Detroit. How to Apply: Interested buyers must submit a proposal that includes: 1. Project Proposal (intended use of structure + timeline) 2. Proof of Funds (bank statement or lender letter) 3. Scope of Work (breakdown of renovation costs) 4. Proof of Previous Projects: (include addresses and photos) Important Note: Sale is contingent on execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This may be incompatible with certain abatements or lot combinations. Waiver requests will be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after review of the development pro forma and financing.
Property Features
Bedrooms
- Bedrooms: 2
- Bedroom 1 Dimensions: 10' x 12'
- Bedroom 2 Dimensions: 12' x 15'
- Bedroom 1 Level: Second
- Bedroom 2 Level: Second
Property History
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- The Monzo Group
- Brokered by:
- Keller Williams Realty-Great Lakes
- (586) 541-4000