1057 Grand Boulevard, Detroit, Michigan 48207

$35,000

Property Details

MLS#: 20251056840
Bedrooms: N/A
Bathrooms: 2.5
Square Feet: 3,549
Price per Sqft: $10
Lot Size: 0.13 acres
Year Built: 1914
Property Type: ResidentialIncome
Status: Active
Days on Market: 142

Description

Great Opportunity for investors. This brick duplex is zoned R5 located in Detroit's Gratiot-Grand neighborhood. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan w/ Proof Of Funds OR Pre- Approval letter on a new construction loan. Please note that the DLBA 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. BATVAI. See attached documents for DLBA requirements and offer submission information.

Location

This property is located in Detroit, Michigan. Detroit is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 1057 Grand Boulevard?

1057 Grand Boulevard is listed at $35,000, or $10 per square foot.

How many bedrooms does 1057 Grand Boulevard have?

This property has N/A bedrooms and 2.5 bathrooms, with 3,549 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 466-2430

Email: info@sonicrealty.com

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