$5,700
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2623 FAIRVIEW Street Detroit, MI 48214
2 Baths
0.37 Acres Lot
Key Details
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 2210071847
Sold Date 09/20/24
HOA Y/N true
Year Built 1915
Lot Size 0.370 Acres
Acres 0.37
Lot Dimensions 126.00 x 128.00
Source Realcomp
Property Description
Welcome to the latest offering from the Detroit Land Bank Authority. Brick Duplex, 2 bedrooms each unit. Perfect for investment. Needs TLC. The gem of this deal is the huge adjacent lot that accompanies the property perfect for development or whatever your creative juices will allow. 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. Please refer to DLBA proposal guidelines. A licensed agent needs to accompany all showings
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Direction jefferson east to fairview go north
Interior
Heating Forced Air
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Sewer Public
Water Public
Structure Type Wood Siding
Schools
School District Detroit
Others
Tax ID W21I042471C2
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition {"Other":true}
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