31
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$12,500
Est. payment /mo
3 Beds
1 Bath
1,299 SqFt
Active
5776 Lakeview Street Detroit, MI 48213
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,299 sqft
Price per Sqft $9
MLS Listing ID 20261002353
Bedrooms 3
Full Baths 1
Year Built 1927
Annual Tax Amount $1,350
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 40X101.5
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
Welcome to the latest offering from the Detroit Land Bank Authority. This 3 bedroom brick colonial is being offered in the historic Chandler Park community. This home needs a full rehab but once complete will make a very good investment. Be advised that this home also includes vacant lots located at 5782 and 5790 Lakeview for an additional 8000 sqft. of buildable space. 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/or 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
Location
State MI
County Wayne
Direction I-94 east to chalmers go south to linville go west to lakeview go south
Interior
Heating Forced Air
Exterior
Parking Features Detached
Garage Spaces 2.0
View Y/N No
Garage Yes
Building
Story 2
Sewer Public
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W21I052404S
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition {"Other":true}
Listed by Real Estate One-Southfield