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6531 Firwood Street

Detroit, MI 48210
  • $5,000
  • STATUS: Active
  • ON SITE: 629 Days
  • ID#: 2200084073
UPDATED: 37 min ago
$5,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,697
    SQFT
  • $1
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:
Zoning:
Residential
Lot Size Dimensions:
40.00X108.00

School Ratings & Info

School District:

Description

Great for experienced investors. Looking for a buyer to rehab this multi-family home. It features 4 large units, each contains 2 bedroom and one bath. The seller is the Detroit Land Bank Authority. 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 abatement 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 abatement on the purchase and development financing. Please see attached documents for DLBA requirements. The seller is the Detroit Land Bank Authority BATVAI

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IDX provided courtesy of Realcomp II Ltd. via The Calhoun Team of Pretty Home Realty and Realcomp, © 2022 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Calhoun Team of Pretty Home Realty are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2022-07-06T14:59:51.137.
www.prettyhomerealty.com/homes/111024982
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6531 Firwood Street Detroit, MI 48210

  • Price: $5,000
  • Status: Active
  • On Site: 629 Days
  • Updated: 37 min ago
  • ID#: 2200084073
0
Beds
4
Baths
0
½ Baths
0.1
Acres
3,697
SQFT
$1
$/SQFT
1920
Built
Neighborhood:
Kremers
County:
Wayne
Area:
Det South Of Grand River
School District:
DETROIT
Property Description
Great for experienced investors. Looking for a buyer to rehab this multi-family home. It features 4 large units, each contains 2 bedroom and one bath. The seller is the Detroit Land Bank Authority. 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 abatement 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 abatement on the purchase and development financing. Please see attached documents for DLBA requirements. The seller is the Detroit Land Bank Authority BATVAI
Exterior Features

Architecture Level 2 Story Architecture Style Quadruplex Construction Materials Brick Foundation Details Basement Foundation Materials Poured Lot Size Dimensions 40.00X108.00 Pool YN No Road Frontage Feet 40 Road Frontage Type Paved Waterfront YN No

Interior Features

Basement Type Unfinished Basement YN Yes Baths Total 4.00 Heating Forced Air Heating Fuel Natural Gas Living Area Source Public Records Sq Ft Combined 3697 Sq Ft Total Basement 1500 Unit Efficiency Number Of 0 Unit Four Bed Number Of 0 Unit One Bed Number Of 4 Unit Three Bed Number Of 0 Unit Two Bed Number Of 0

Property Features

Assessment 0 Down Payment Resource YN Yes Encroachment YN No Existing Lease YN No Gross Scheduled Income 0.00 Homestead YN No Income Projection Actual Land Contract YN No Listing Financing Cash Monthly Rental Income 0 Net Operating Income 0.00 Number Of Units Leased 0 Ownership Status Government OwnedShort Sale - No Percent Homestead Exempt YN No Pets Allowed Yes Postal City Detroit Protection Period 90 DAYS Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 0.0000 Tax Amount Winter 0.0000 Title Government - Owned Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 6531 Firwood Street Water Source Public (Municipal) Zoning Residential

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Rch Brokerage Legacy Inc: (248) 440-2268 and Realcomp, ©2022 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via The Calhoun Team of Pretty Home Realty and Realcomp, © 2022 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Calhoun Team of Pretty Home Realty are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2022-07-06T14:59:51.137.
 
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