$7,500
For Sale

4266 WAVERLY STREET

Detroit, MI 48238
2016 sqft | 2 baths | 0.08 acres | #20250021384
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

Welcome to the latest offering from the Detroit land bank authority. Brick 2 family flat in need of major rehab located in the much sought after Russell Woods subdivision. Bring your hard hat and your budget and get to work. Your new project awaits. 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.

  • Property Details
      • SubdivisionRUSSELL WOODS (PLATS)
      • FoundationBasement, Poured
      • Parking FeaturesOneCarGarage
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • MLS #20250021384
      • Property SubtypeMultiFamily
      • Parcel NumberW14I005413S
      • MLS #20250021384
      • Basement DescriptionUnfinished
      • School DistrictDetroit
      • Parking TypeGarage
      • Utility SourcePublic
      • Original List Price$7,500
      • CountyWayne
      • Acres0.08
      • Square Feet2016
      • Year Built1927
      • Days on Market (Cumulative)1295
      • PetsCall
      • Cost7500
      • Bathrooms2
      • Full Baths2
      • Stories2
      • Parking Spaces1
      • Basement1
      • Basement Finished1

Location

Veneesha SlaterReal Estate Group
OR

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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