5715 Florida St, Detroit

$20,000

2 Beds
2 Baths
2,240 Sqft
.08 Acres
1 Garages

Perfect opportunity for investor or private business owner. Located on the corner lot, this store front is on the entry level of the building.Upstairs 2 bedroom apartment with 1 bath.This property is owned by the Detroit Land Bank Authority. All offers must be supported by Proof of Funds for both the Purchase Price, as well as the construction costs 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 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 see attached documents for requirements. BATVAI

Essential Information
MLS® #219054681
Price$20,000
Bedrooms2
Bathrooms2.00
Full Baths2
Square Footage2,240
Acres0.08
Year Built1922
TypeResidential
Sub-TypeColonial
StatusActive
Community Information
Address5715 Florida St
Area05101-Det South Of Grand River
CityDetroit
CountyWayne
StateMI
Zip Code48210
Subdivision

SEYMOUR & TROESTERS MICHIGAN AVE (PLATS)

Amenities
# of Garages1
GaragesDetached
Interior
HeatingOther
Exterior
ExteriorBrick
FoundationSlab
School Information
DistrictDetroit
Listing Details
OfficeRCH Brokerage Legacy Inc
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