1528 GRAY Street, Detroit, Michigan 48215

$30,000

Property Details

MLS#: 20250025256
Bedrooms: 4
Bathrooms: 2
Square Feet: 1,740
Price per Sqft: $17
Lot Size: 0.08 acres
Year Built: 1916
Property Type: Residential
Status: Active
Days on Market: 313

Description

This property is sold in a bundle with 4 vacant lots 1508, 1514, 1522 Gray and 12905 Brooks. Not sold separately. 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. Also include plans for the vacant lots with sketches and financing. 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 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. See attached documents for guidelines and submission instructions. BATVAI

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 1528 GRAY Street?

1528 GRAY Street is listed at $30,000, or $17 per square foot.

How many bedrooms does 1528 GRAY Street have?

This property has 4 bedrooms and 2 bathrooms, with 1,740 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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