1955 Hazelwood Street, Detroit, Michigan 48206

$39,900

Great Deal - This property is priced $212,154 below comparable homes in the area.

Property Details

MLS#: 20251061117
Bedrooms: 4
Bathrooms: 1
Square Feet: 3,819
Price per Sqft: $10
Lot Size: 0.1 acres
Year Built: 1919
Property Type: Residential
Status: Active
Days on Market: 70

Market Analysis

Estimated Value (CMA): $252,054
Area Avg Price/Sqft: $66
This Property: $10/sqft ($56 below area average)
Price Position: -85.0% vs comparable homes
Comparable Properties Analyzed: 1

Description

Bring your hard hat and vision because this one is a winner. Down to the studs and waiting for that savvy investor. Located in popular Virginia Park, near Henry Ford Hospital and Motown Museum developments, entertainment and minutes from the downtown area. You don't want to miss this opportunity! House needs a complete rehab. 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 1955 Hazelwood Street?

1955 Hazelwood Street is listed at $39,900, or $10 per square foot.

How many bedrooms does 1955 Hazelwood Street have?

This property has 4 bedrooms and 1 bathrooms, with 3,819 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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