Great Opportunity. This building currently features 13 1 bedroom units. A completed restoration is needed. The Seller requires proof of funds to purchase. An estimated cost of renovation along with proof of funds to meet the estimated costs will also need to be included with offer. Buyer will need to provide proof of their ability to complete this type of project. 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 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.’ BATVAI
05043-Det: Livernois-I75 6-Gd River
PETERS SUB OF PART OF SEC 48 (PLATS)
Property Summary -- PETERS SUB OF PART OF SEC 48 (PLATS): Located in Detroit in the 48206 zip code, this home was built in 1922 and is 9,174 square feet with Unknown bedrooms and Unknown bathrooms on 0.08 acres. It has been on the market for 275 days with an original listing price of $59,900. 2900 Clairmount St is part of the Detroit School District.
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