2660 Wreford Street, Detroit, Michigan 48208

$18,500

Great Deal - This property is priced $26,300 below comparable homes in the area.

Property Details

MLS#: 20251057032
Bedrooms: 4
Bathrooms: 1
Square Feet: 1,280
Price per Sqft: $14
Lot Size: 0.08 acres
Year Built: 1895
Property Type: Residential
Status: Active
Days on Market: 88

Market Analysis

Estimated Value (CMA): $44,800
Area Avg Price/Sqft: $35
This Property: $14/sqft ($21 below area average)
Price Position: -60.0% vs comparable homes
Comparable Properties Analyzed: 3

Description

Calling all investors. This property is zoned R5 and is located in Detroit's Goldberg neighborhood. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan w/ Proof Of Funds OR Pre- Approval letter on a new construction loan. Please note that the DLBA 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. See attached documents for DLBA requirements and offer submission information.

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 2660 Wreford Street?

2660 Wreford Street is listed at $18,500, or $14 per square foot.

How many bedrooms does 2660 Wreford Street have?

This property has 4 bedrooms and 1 bathrooms, with 1,280 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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