7169 Holmes Street, Detroit city, Michigan

$45,000

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3

Beds

1

Bath

1,026

Square feet

0.07

Acres

About 7169 Holmes Street

This 3-bed, 1-bath property, located in Claytown, is government-owned and included in the Detroit Land Bank Authority (DLBA) program. The DLBA recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. How to Apply: Interested buyers must submit a proposal that includes: 1. Project Proposal (intended use of structure + timeline) 2. Proof of Funds (bank statement or lender letter) 3. Scope of Work (breakdown of renovation costs) 4. Proof of Previous Projects: (include addresses and photos) Important Note: Sale is contingent on execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This may be incompatible with certain abatements or lot combinations. Waiver requests will be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after review of the development pro forma and financing.

Features of 7169 Holmes Street

MLS® # 20251038896
Price $45,000
Bedrooms 3
Bathrooms 1.00
Full Baths 1
Square Footage 1,026
Acres 0.07
Year Built 1923
Type Residential
Sub-Type Bungalow
Style Bungalow
Status Active

Community Information

Address 7169 Holmes Street
Area 05101 - Det South Of Grand River
Subdivision WILLIAM L HOLMES & FRANK A VERNORS SUB
City Detroit city
County Wayne
State Michigan
Zip Code 48210

Amenities

Parking No Garage
Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Natural Gas
Fireplace No

Exterior

Construction Wood Siding
Foundation Basement, Brick/Mortar

School Information

District Detroit

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Realty-Great Lakes
Contact Infoerick@monzogroup.com

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