REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 18,500
Est. payment /mo
Pending
1547 LAWRENCE Street Detroit, MI 48206
3 Baths
0.58 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 20240092851
HOA Y/N true
Originating Board Realcomp
Year Built 1923
Annual Tax Amount $350
Lot Size 0.580 Acres
Acres 0.58
Lot Dimensions 40.00 x 110.00
Property Description
Embrace the potential of this solid brick multifamily property, nestled in the vibrant Lawrence Park Sub. With two units offering 3 bedrooms and 1 bath each, this property presents an excellent opportunity for investors or owner-occupants seeking to customize and revitalize their investment. Please note that the DLBA 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 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.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Direction East of Rosa Parks BLVD, South of Lawrence Street
Interior
Heating Forced Air
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Sewer Public
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W06I002948S
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition {"Other":true}
Listed by Keller Williams Realty-Great Lakes