12610 NORTHLAWN Street, Detroit, Michigan 48238

$19,000

Great Deal - This property is priced $46,856 below comparable homes in the area.

Property Details

MLS#: 20250037211
Bedrooms: 3
Bathrooms: 1
Square Feet: 1,344
Price per Sqft: $14
Lot Size: 0.09 acres
Year Built: 1924
Property Type: Residential
Status: Active
Days on Market: 279

Market Analysis

Estimated Value (CMA): $65,856
Area Avg Price/Sqft: $49
This Property: $14/sqft ($35 below area average)
Price Position: -71.0% vs comparable homes
Comparable Properties Analyzed: 3

Description

Attention investors and fix-flip specialists!! Bring your tools to this new project. Located just west of I-96 and minutes from Downtown. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. 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 12610 NORTHLAWN Street?

12610 NORTHLAWN Street is listed at $19,000, or $14 per square foot.

How many bedrooms does 12610 NORTHLAWN Street have?

This property has 3 bedrooms and 1 bathrooms, with 1,344 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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