12326 GARNET Street, Detroit, Michigan 48205

$48,000

Great Deal - This property is priced $24,562 below comparable homes in the area.

Property Details

MLS#: 20240026899
Bedrooms: 3
Bathrooms: 1
Square Feet: 994
Price per Sqft: $48
Lot Size: 0.12 acres
Year Built: 1967
Property Type: Residential
Status: Active
Days on Market: 669

Market Analysis

Estimated Value (CMA): $72,562
Area Avg Price/Sqft: $73
This Property: $48/sqft ($25 below area average)
Price Position: -34.0% vs comparable homes
Comparable Properties Analyzed: 2

Description

Great invest opportunity offering a brick ranch with full basement and attached garage that includes 7 lots, 13037, 13047, 13053, 13057, 13059, 13079 & 13089 Houston-Whittier. These lots are to primed for development, so don't sleep on this opportunity. 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 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.

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 12326 GARNET Street?

12326 GARNET Street is listed at $48,000, or $48 per square foot.

How many bedrooms does 12326 GARNET Street have?

This property has 3 bedrooms and 1 bathrooms, with 994 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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