$10,000
8773 petoskey avenue, detroit, MI 48204
Property Description
Great opportunity for experienced investors. 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. 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 & may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development financing. BATVAI Please see attached documents for DLBA requirements. Proposal should be submitted through google doc application. Use the link in the attachments.
General Information
Price: $10,000
Price/SqFt: $3
Status: Active
MLS#: 20221067394
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: lambrecht kelly & cos grand river terminal(plats)
Acres: 0.09
Lot Dimensions: 40.00 x 100.00
Bedrooms:0
Bathrooms:4 (4 full, 0 half)
Size: 3,584 sq.ft.
Acreage: 0.09 est.
Year Built: 1918
Property Type: Multifamily
Style: 2 Story
Features & Room Sizes
Exterior: Brick
Basement: 1
Heating: Forced Air
Heating: Forced Air
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $0
Est. Winter Taxes: $0
Map
IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and , ©2025 Realcomp II Ltd. Shareholders Listing By: Leonard A Pickett III of RCH Brokerage Legacy Inc, Phone: (248) 440-2268
