$80,000
7246 Saint Paul St, Detroit, MI 48214
- 2Beds
- 2Baths
- 1302SqFt
- 2Beds
- 2Baths
- 1302SqFt
- Property TypeTownhouse
- Year Built1910
- Price per Sqft$61
- On highrises10 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
Property History
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- The Monzo Group
- Brokered by:
- Keller Williams Realty-Great Lakes
- (586) 541-4000
