18430 WESTPHALIA Street, Detroit, Michigan 48205

$7,500

Great Deal - This property is priced $46,716 below comparable homes in the area.

Property Details

MLS#: 20251005630
Bedrooms: 3
Bathrooms: 1
Square Feet: 1,004
Price per Sqft: $7
Lot Size: 0.1 acres
Year Built: 1925
Property Type: Residential
Status: Active
Days on Market: 264

Market Analysis

Estimated Value (CMA): $54,216
Area Avg Price/Sqft: $54
This Property: $7/sqft ($47 below area average)
Price Position: -87.0% vs comparable homes
Comparable Properties Analyzed: 8

Description

Great for experienced investors.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. BATVAI Please see attached documents for DLBA guidelines.

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 18430 WESTPHALIA Street?

18430 WESTPHALIA Street is listed at $7,500, or $7 per square foot.

How many bedrooms does 18430 WESTPHALIA Street have?

This property has 3 bedrooms and 1 bathrooms, with 1,004 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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