$45,000 for Sale
514 mount vernon street, detroit, MI 48202
| Beds 3 | Baths 2 | 1,348 Sqft | 0.08 Acres |
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Property Description
Welcome to the latest offering from the Detroit Land Bank Authority. single family home with an attached lot ready for your development ideas. Home needs extensive rehab, but there are excellent opportunities available with this property. 506 mt vernon is also included in the sale. 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
General Information
Sale Price: $45,000
Price/SqFt: $33
Status: Active
MLS#: rcomi20230099099
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: kochs sub (plats)
Acres: 0.08
Lot Dimensions: 30.00 x 110.00
Bedrooms:3
Bathrooms:2 (2 full, 0 half)
House Size: 1,348 sq.ft.
Acreage: 0.08 est.
Year Built: 1910
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Bedroom 1:
Bedroom 2 :
Bedroom 3:
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Paved
Garage: No Garage
Construction: Asbestos
Exterior: Asbestos
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Hot Water
Fuel: Natural Gas
Waste: Public Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $0
Est. Winter Taxes: $0
Govt Ownership: HUD
Legal Description: S MT VERNON 49 KOCHS L8 P14 PLATS, W C R 3/95 30 X 110
IDX provided courtesy of Realcomp II Ltd. via Oakland Corners Realty and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders
Listing By: Gene Kelley II of Real Estate One-Southfield, Phone: (248) 723-0055
