1528 Gray St, Detroit city, Michigan

$30,000

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4

Beds

2

Baths

1,740

Square feet

0.08

Acres

About 1528 Gray St

This property is sold in a bundle with 4 vacant lots 1508, 1514, 1522 Gray and 12905 Brooks. Not sold separately. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan with Proof Of Funds or Pre- Approval letter, or a new construction loan. Also include plans for the vacant lots with sketches and financing. 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. See attached documents for guidelines and submission instructions. BATVAI

Features of 1528 Gray St

MLS® # 20250025256
Price $30,000
Bedrooms 4
Bathrooms 2.00
Full Baths 2
Square Footage 1,740
Acres 0.08
Year Built 1916
Type Residential
Sub-Type Colonial
Style Colonial
Status Active

Community Information

Address 1528 Gray St
Area 05066 - Det: Mcclellan East/Mack To Shore
Subdivision STERLING PARK (PLATS)
City Detroit city
County Wayne
State Michigan
Zip Code 48215

Amenities

Parking 1 Car Garage, Detached
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Heating Hot Water, Natural Gas
Fireplace No

Exterior

Construction Brick
Foundation Basement, Poured

School Information

District Detroit

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRCH Brokerage Legacy Inc
Contact Infolpickettiii@rchlegacy.com

Listing Map

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